Construction Management w/ 25 Staff

Reading, PA
Berks County

Asking Price: Annual Revenue:
$3,300,000 $9,548,634

Services: Construction, Contractors

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RE: Construction Management w/ 25 Staff Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $3,300,000 12.5% Buyer Down Payment: $412,500 12.5% Seller Financing: $412,500 75% Bank Loan: $2,475,000

Quick Facts

Asking Price: $3,300,000
Annual Revenue: $9,548,634
Net Profit: Not Disclosed
Cash Flow: $829,964
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:

This general contracting & construction management company has been well-established for over 40 years in Southeastern Pennsylvania! Serving primarily within a 50-mile radius of Reading, the highly skilled team of 26 people offers a vast array of services to their loyal clientele and are known for exceeding customer expectations. 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. Their clientele is comprised of municipal, industrial, educational, healthcare, and general commercial.

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. One owner is a registered architect, and 3 on staff are certified healthcare constructors. 18 trucks, 4 passenger vehicles, and a skid loader make up $760k in assets.

With sizable number of repeat customers and a solid reputation in place, 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.

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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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