Seller's Contact Information
- RE: Established General Contractor
- Contact: Chris Scully
Quick Facts
Asking Price: | $3,000,000 | |
Annual Revenue: | $12,107,555 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $787,970 | |
Total Debt: | Not Disclosed | |
FF&E: | $1,149,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2009 | |
Employees: | 26 | |
BBN Listing #: | 649218747 | |
Broker Reference #: | 7101964910 |
Business Overview:
General Contractor offers a wide variety of services including but not limited to: Earthwork, Underground Utilities, Demolition, and Steel Building Installation. The seller has been servicing the commercial and state market for over 13 years and has an excellent reputation with repeat business. 2022 revenues of $10M. 2022 Net Income $863K and owner benefit of $905K. Over $14M in work in progress under contract and $8.5M in high percentage bids with repeat clients. The sale includes over $1.1M in equipment. The SBA has provided a pre-qualification on this listing. The seller has 25 full-time employees. Two experienced superintendents. The main superintendent has been with the company since it was started. He can manage the business when the seller is not available. A full-time office manager is responsible for billing, accounts receivables, payroll, bookkeeping, and assistance with the preparation of bids. The company uses QuickBooks. Excellent books and records. The seller will provide 15 business days of training during a transition period. Depending on the needs of the buyer, the seller is willing to consider staying on in some capacity with compensation depending on the time required and responsibilities. Currently, rent is $1,800.00 per month and this is a month-to-month lease. The Property owner will consider any options for terms.Please refer to listing 7101-964910 and advisor Chris Scully when inquiring.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Square Footage: 2,400;Building Type: Industrial; Terms & Options: Flexible;
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
Here are some of the similar listings you can choose from
Cash flow increases 4 years in a row
For 30 years, this business has provided the Central New York region with the highest quality custom and pre-made counter tops and cabinets while maintaining reliable, knowledgeable and friendly service. The business has an excellent reputation and has generated outstanding financial results, including four years of increasing cash flow.
Tailored Turf Installation Business
The business has established itself as a prominent provider of artificial landscape projects in Northern California, having successfully completed over 1,200 projects since its inception in 2017. With an ever-expanding portfolio, the business boasts an unmatched depth of experience, distinguishing itself among competitors in the region.