Construction Management in Pennsylvania

Reading, PA
Berks County


Asking Price: Annual Revenue:
$3,600,000 $12,572,410

Services: Construction, Contractors


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RE: Construction Management in Pennsylvania Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $3,600,000 12.5% Buyer Down Payment $450,000 12.5% Seller Financing or Equity Roll $450,000 75% Bank Loan $2,700,000 A 12.5% down payment of $450,000 returns $472,858 in the first year after debt payments!

Quick Facts

Asking Price: $3,600,000
Annual Revenue: $12,572,410
Net Profit: Not Disclosed
Cash Flow: $1,505,559
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1977
Employees: 26
BBN Listing #: 146034398
Broker Reference #: CBI016

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Business Overview:

The owners of this Southeastern Pennsylvania Construction Management company will stay on board for 3-5 years! Well-established for over 40 years, they serve a diverse customer base covering an array of industries. Typically, they have healthcare projects running, with three individuals on staff who are certified healthcare constructors. They work within several general industrial markets, such as the food industry, with clients in snack food, dairy, and meat production, as well as industrial clients in various other production facilities. In addition to that core work, they serve general commercial business needs, including office and retail space. They offer pre-construction services (site analysis/selection, project budget development, project planning & scheduling, land development coordination, etc.), along with complete construction management services, and post-occupancy follow-up and maintenance contracts, making sure each project is guided from beginning to end. Tracking approximately 400 projects per year, a large portion of their business is from repeat clients, generally over 60% annually, with some customers having 25-year tenure with the company.

The company’s staff works out of a leased 26,000 sq. foot industrial building, which includes 18,500 sq. ft. of warehouse, storage, and woodshop area. Along with the 2 owners, who oversee daily operations, office management, and accounting, the team consists of 5 Project Managers and 17 full-time office staff, field employees, and carpenters. 18 trucks, 4 passenger vehicles, and a skid loader make up $760k in assets.

Priced at $3,600,000, this business is in a prime position for growth. Increasing advertising would capture more market share and would expand this company’s footprint far and wide. A 12.5% down payment of $450,000 returns $472,858 in the first year after debt payments – a 105% return on investment!

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Property Features and Assets:

Lease: 26,000 sq. ft. industrial building; 7,500 sq. ft. area for offices, 18,500 sq. ft. for warehouse, storage, wood shop

Market Competition and Expansion:

Expand advertising efforts to increase market share.

Reason for Selling:

Approaching Retirement.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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