Management Operated Specialty Contracting West WA

Not Disclosed, WA

Western Washington


Asking Price: Annual Revenue:
Not Disclosed $20,682,730

Services: Construction, Contractors


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RE: Management Operated Specialty Contracting West WA Broker: Wes Martin
Owner Financing is Available!
Seller is open minded to an equity structure but not straight financing.

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $20,682,730
Net Profit: $2,373,225
Cash Flow: $2,373,225
Total Debt: Not Disclosed
FF&E: $5,500,000
Real Estate: $2,100,000
Year Established: 1978
Employees: 65
BBN Listing #: 532232903
Broker Reference #: Not Disclosed

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Business Overview:

For over four decades, this specialty contracting company has been serving their Western Washington market with distinction. They have built a reputation for excellence, reliability, and specialized knowledge in their field. They have a diverse revenue base and can easily choose projects between various segments as their service has been in demand for decades and is expected to continue into the foreseeable future. The company has a robust employee structure that provides for effective internal management of office, field, and maintenance operations. The management is prepared to stay on during a transition or even commit to a longer-term arrangement depending on the needs of the buyer. The facilities and real estate are owned by the Seller and while they are open to entering into a lease with a buyer, the preference would be to sell the facilities with the business. Currently the Real Estate and facilities are estimated at a value just over two million. If you are looking for a rare opportunity to add a legacy company to your portfolio or acquire a well-oiled machine to operate. Being a well-known firm, confidentiality is critical, and any inquiries will be required to submit an NDA as well as provide information regarding background and investment capability. We look forward to hearing from you!

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Property Features and Assets:

The facilities are mixed use with a large office building, additional mezzanine storage. There is also a maintenance facility with recent upgrading in 2015/2016. Plenty of paved parking for clients, employees and extensive equipment yard.

Market Competition and Expansion:

This company is one of the dominant firms in their market and are the ‘go-to’ company thought of for a large variety of projects. There are smaller competitors, but they aren’t competing at the same level. Currently there is plenty of low hanging fruit that is easy to pick. Growth can be had by expanding capacity and moving into other market segments.

Reason for Selling:

Retirement

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.

Relevant Links:

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