Residential Construction and Insurance Restoration

Las Vegas, NV
Clark County

Asking Price: Annual Revenue:
$2,800,000 $7,500,000

Services: Construction, Contractors

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RE: Residential Construction and Insurance Restoration Broker: Jeff and Linda Nyman

Quick Facts

Asking Price: $2,800,000
Annual Revenue: $7,500,000
Net Profit: $588,815
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $78,957
Real Estate: Not Disclosed
Year Established: 1988
Employees: 15
BBN Listing #: 14275142
Broker Reference #: 101-16088

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Business Overview:

Total asking price is $2,800,000 (Business - $1,250,000 + Property - $1,550,000)
For the past 30 + years, this family business has been growing and building an incredible reputation working with both commercial (75%) and residential (25%) customers for commercial build-outs, remodeling and insurance restoration.

The company's main source of business is by referral so there is not a high advertising expense. The company has created great relationships and joined as qualified members in groups that provide additional professional industry referrals (more information will be provided in detail to qualified buyers). Seller expects 2020 growth to be a huge asset to an incoming owner yet the asking price is conservative based upon current income and national sold comp multiples. Net adjusted income quoted reflects a salary paid for the seller to stay on as a qualified employed or a replacement salary for sellers duties.

Seller is looking to retire from owning the business but is willing to stay on as the qualified employee and help bring in additional business taking the company to the next level with the new energy of a buyer. For additional information please contact listing agent Linda Nyman.

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Property Features and Assets:

This is a location of 6,398 square feet. Seller is active in the business with 10 Full Time employees and 5 Part Time employees. Hours of operation are Monday - Friday 8AM - 5PM, on call 24/7. $78,957 in FF&E included in Asking Price. $118,507 made in Leasehold Improvements. Assets include property included in Sale! NV General Contractors License Required.

Reason for Selling:

Seller ready to move out of ownership role.

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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