Business For Sale

Commercial Contractor with Full Staff

Omaha, NE
Douglas County


Asking Price: Annual Revenue:
$985,000 $2,862,435

Services: Construction, Contractors


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RE: Commercial Contractor with Full Staff Broker: Cortney Sells
Owner Financing is Available!
Funding Example Purchase Price: $985,000 10% Buyer Down Payment: $98,500 10% Seller Financing: $98,500 80% Bank Loan: $788,000 A 10% down payment of $98,500 would profit $126,987 in the first year after debts.

Quick Facts

Asking Price: $985,000
Annual Revenue: $2,862,435
Net Profit: Not Disclosed
Cash Flow: $626,061
Total Debt: Not Disclosed
FF&E: $296,516
Real Estate: Not Disclosed
Year Established: 2007
Employees: 7
BBN Listing #: 106034398
Broker Reference #: CON027

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Business Overview:

For 10 years, this general contractor has steadily grown in size and reputation, earning $2,609,755 in sales during 2016, an impressive increase of 169% from 2015! With projections of a further 9.6% increase in sales for 2017, this company is only just beginning to stretch its legs. Located in Omaha with jobs across Nebraska and into surrounding states, projects are 95% commercial in nature and 80% new construction.

Each year, roughly 30 jobs are completed, with most lasting around 3 months in duration. Some jobs do stretch to 9 months and beyond, and in anticipation of this the seller is willing to transition for up to 6 months after the sale. Assisting with projects are 7 staff, consisting of 2 Estimators, 2 Superintendents, and 2 office personnel. The seller acts as Project Manager, negotiating deals, planning out projects and handling the front end of business. A buyer could delegate some of these duties to the Superintendents and Estimators, as the seller has not done so by choice.

Growth areas could be an increase in marketing as the current owner has not devote time to that area. Even without marketing, the company has seen tremendous growth, but some attention here could ensure steady numbers year over year. A buyer would also be wise to focus on business development to see the company into the next 10 years and beyond.

With a purchase price of $985,000 and a 10% down payment, a buyer could expect a first year’s profit of $126,987.

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Property Features and Assets:

Assets Included in Purchase: $504,517 Equipment: $207,019 – telehandlers, Bobcat, skidsteer, forklift, trailers, scaffolding, boomlift Vehicles: $89,498 – 2015 Chevy Silverado, Ford F650, Dodge Ram A/R: $208,000 – generally 60 to 90 days out *amounts may vary

Market Competition and Expansion:

Growth Opportunities: Marketing and focus on business development.

Reason for Selling:

Capital for new investments.

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.

Documents:

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