WASHINGTON, District of Columbia
| Asking Price |
$495,000 |
Year Established |
2000 |
|
| Annual Revenue |
$8,251,379 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
|
|
| Annual Cash Flow |
$403,892 |
Listing Number |
1019638 |
|
| # of Employees |
9 |
Business Category |
Services: Construction, Contractors |
|
Business Overview:
This DMV business functions as a subcontractor, not as a prime, and they perform no in-house fabrication. The company typically self performs 30-35% of work on awarded contracts and subcontracts the remainder to trusted partners.
Services include sourcing and procurement of construction materials, and installation of fixtures and equipment. Projects are primarily government-focused and commercial, often large-scale and long term. Operations are executed by 9 core employees including a Superintendent, an Assistant Superintendent, a Director of Administration, and 6 in field labor. Revenue is driven through long-standing relationships and repeat partnerships with major industry players negotiated or invited bid opportunities rather than traditional marketing.
The company consistently receives a high volume of bid opportunities but is capacity-constrained due to aging owner. The owner is seeking a sale as part of retirement planning and is open to supporting a transition period of 1-2 years to ensure continuity and relationship transfer. Additionally, the seller is willing to carry 20% of the purchase price as a show of good faith in the continued success of the business post close!
Priced at $495,000, this business presents an opportunity to acquire a proven subcontracting platform with immediate expansion potential. Growth opportunities include hiring an inhouse estimator, expanding direct contracting capabilities, increasing bonding capacity, and reducing reliance on thirdparty partners for both project acquisition and execution.
Property Features and Assets:
Market Competition and Expansion:
<p>Increase direct bidding and capture more of existing bid volume (~30 opportunities/week)<br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity