High-Growth Company in the Construction Industr...

Knoxville, TN

Asking Price: Annual Revenue:
$975,000 $2,864,000

Services: Construction, Contractors

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RE: High-Growth Company in the Construction Industr... Broker: Blake Henry

Quick Facts

Asking Price: $975,000
Annual Revenue: $2,864,000
Net Profit: Not Disclosed
Cash Flow: $430,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2009
Employees: Not Disclosed
BBN Listing #: 517351840
Broker Reference #: KNOXVTN002-N19

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Business Overview:

Since opening in 2009, this company has seen strong and consistent growth year-over-year. They have a tremendous reputation amongst regional building contractors which has significantly increased its commercial contracts. Their commercial business makes up roughly 75% of their overall business with the other 25% coming from residential business. They currently have several large commercial contracts that will transition with the business sell. From 2016 to 2018 alone, they have grown by more than 59% and are currently on pace to grow another 15%+ in Revenue from 2018 to 2019. Revenue for 2019 is on pace for around $4M+. Over that same period of time, Seller Discretionary Earnings have grown as a result of Revenue with 13.4% net margins in 2018. Seller Discretionary Earning for 2018 was nearly $506K.

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Reason for Selling:

The seller is willing to train and transition the purchaser for a mutually agreeable period immediately following closing to ensure a smooth and seamless transition. Seller is willing to sign a non-compete, and is selling with the intent to retire.

Additional Details:

  • The property is owned.
  • 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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