Special Trade Contractors

Not Disclosed, WA
Spokane County


Asking Price: Annual Revenue:
$598,000 $572,227

Services: Construction, Contractors


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RE: Special Trade Contractors Broker: Brian Southworth

Quick Facts

Asking Price: $598,000
Annual Revenue: $572,227
Net Profit: Not Disclosed
Cash Flow: $233,398
Total Debt: Not Disclosed
FF&E: $65,000
Real Estate: Not Disclosed
Year Established: 1984
Employees: 3
BBN Listing #: 24704955
Broker Reference #: 8003-15785

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Business Overview:

The company specializes in Division 8 and Division 10 Facility Construction Subgroups as defined by the Construction Specifications Institute (CSI)'s MasterFormat. Division 8 is defined as openings i.e., doors, windows etc., and Division 10 is defined as specialties e.g., installations of toilet partitions, toilet accessories, visual display boards, marker boards, tack boards, projection screens, and interior and exterior signage.

The company has outstanding margins, a long-term client base and is in high demand in the markets and industry segments it serves by fulfilling the Divisions referenced above

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Property Features and Assets:

This is a home based business serving the construction industry in the Pacific Northwest. The company is completely mobile. The owner puts together bids from his home office, conducts scheduling and performs accounting duties. Assets= $65,000

Market Competition and Expansion:

This company has very little competition. The owner states there are no other companies in the market capable of successfully completing the work on the larger projects they continuously secure through their bidding process, proven record of quality work and successful quality on time completion of projects. No other company has established the relationships this company has developed with the largest general contractors in the area over the company's 36 year history. Owner states the demand for skilled craftsman with the experience of their team is growing rapidly, while the supply of the services is dropping significantly in the markets and segments they serve. The owner's statement is supported by the following industry information from IBISWorld.com Growing demand in the nonresidential building market is forecast to support the industry's expansion over the next five years. During the outlook period, commercial building construction is expected to be driven by an expanding economy, greater consumer spending and a forecasted acceleration in corporate profit growth. These conditions will be encouraging for businesses to undertake new expansionary projects. With businesses expanding their operations to take advantage of higher economic growth during the period, as well as capitalize on rising but still relatively favorable interest rates, the private sector will increase its workforce, generating demand for new commercial properties. The value of private nonresidential construction is anticipated to rise an annualized 3.1% over the five years to 2025, bolstering demand for industry services. Source: IBISWorld.com

Reason for Selling:

Retirement.

Additional Details:

  • The property is leased.
  • 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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