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- RE: Well-Established General Contractor
- Contact: Charles Spickert,
Quick Facts
Asking Price: | $650,000 | |
Annual Revenue: | $7,891,953 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $525,612 | |
Total Debt: | Not Disclosed | |
FF&E: | $15,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 5 | |
BBN Listing #: | 937333 | |
Broker Reference #: | 202401 |
Business Overview:
This well-established general contracting company has a successful 41-year history of completing ground-up commercial projects from building office and apartment buildings to historic building renovations to custom tenant finish projects of medical facilities, community centers, testing labs and civic projects. The company has a long list of satisfied customers, a solid growth curve and currently secures work through repeat customer calls or word-of-mouth alone. This company is a perfect platform for another general contractor; a company in a related construction field; or an add-on to a general contracting business looking for a strong foothold in the company’s market. The current ownership has purposely kept the company smaller and easy to manage and turns down work. Yet, the company did over $7 MM in sales in 2023 and $525,000+ in cash flow. Clean books, established vendors, loyal sub-contractors and reliable referral sources for new business make this an attractive opportunity.
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Property Features and Assets:
900 square feet leased office space.
Market Competition and Expansion:
Competition: There are other general contractors, however, one look at the financials, trend line, backlog, list of customers and work flow you will know this is a solid, well-run company with sustainable competitive advantages and plenty of growth potential.
Growth and Expansion: The company has been growing each year as is. However, additional growth opportunities including hiring superintendents and taking on additional work, proactively leveraging current client list, develop a website, exploring social media, accepting all of the work that comes in currently, adding an office manager.
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
Relevant Links:
- View more Colorado businesses for sale
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