Over 33 Years Of Constructing
Location United States
Asking Price Range $5.0M - $10.0M
Gross Revenues $9200000
Net Profit / Cash Flow $250000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1974
Number of Employees 20 - 34
Inventory 82805
Relocatable Yes
Number of Employees 20 - 34
Real Estate Owned
Training Negotiable.
Reason for Sale Retirement.
Description Over 33 years of constructing. Constructing commercial entities, e.g. offices and churches. Constructing a reputation for excellence. Constructing a top quality management team and work force. And finally constructing a financial strength that has allowed the company to grow and prosper. While there is much room for further growth, the current owner has reached a level of business that he is comfortable with and is now ready to retire and enjoy his success. This construction firm for sale has been located in the mid-Atlantic area for its entire history. While he began specializing as a custom homes builder, the owner quickly moved his core emphasis into the commercial market place performing construction of new buildings, as well as renovation and remodeling of existing buildings, tenant improvements and site improvements. Samples of some of the over 500 projects the company has completed are office and professional buildings, shopping centers, technology parks, banks, churches and fire departments. Many of these projects were done at the behest of and in coordination with State and County Governments, General Services Administrations, Highway Administrations and Transportation Commissions. The internal workings of the company are controlled by a hands-on President, a team of estimators, project managers who over see the superintendents, a controller with an assistant and an outside 3rd party CPA who provides year end, reviewed financials. Over the past three-and-a-half years, the company has enjoyed an annual revenue that has ranged between $8 and $15 mil with a 2008 estimated revenue of $11 mil. Estimated Adjusted EBITDA for 2008 is $525,000. As stated earlier, there is much room for growth as there is a wealth of both Federal and Local Government commercial projects which the company to date has not pursued. As either a stand-alone or add-on to an existing construction company, this firm can be the basis for excellent growth and the attendant financial rewards.
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