Business Overview:
The company has provided general contracting and excavation services for small to medium size jobs for both residential and commercial customers since 2003. The company is also a dealer for pre-engineered steel buildings.
As the business has grown, they have focused most of their work on Tooele County, winning jobs through referrals, word of mouth and repeat business with established clientele. Occasionally, the company takes on jobs outside of Tooele County for existing customers or jobs that provide a particular match with the company’s equipment and resources.
By having a background in general contracting, excavation and pre-engineered steel building construction, the company has achieved a healthy diversification to weather downturns in different sectors of the construction industry. The company’s steady workload with repeat customers has allowed them to spend minimally on advertising and job sourcing, instead focusing on completing projects.
The company’s two owners run its daily operations – one works full time, the other part time. They have maintained a personal relationship with customers - some for as long as fifteen years and others as new as a few years.
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Property Features and Assets:
They currently work out of a home office and shop, plus a yard on their property. A new owner can rent the shop and yard for $2,000/month until they are able to relocate.
Market Competition and Expansion:
The company has been able to rely upon a backlog of commercial sitework and pre-engineered metal building projects to remain busy and profitable while less diversified competitors struggled with a downturn in construction projects.
The company expects lower interest rates and more favorable weather conditions will spur new projects and create a steady workload, resulting in stability and profitability in the coming year. The company has been able to rely upon a backlog of commercial sitework and pre-engineered metal building projects to remain busy and profitable while less diversified competitors struggled with a downturn in construction projects.
The company expects lower interest rates and more favorable weather conditions will spur new projects and create a steady workload, resulting in stability and profitability in the coming year.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity.
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