Construction Sub Contractor
Location Maryland,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $2374320
Net Profit / Cash Flow $482123
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1992
Number of Employees 20 - 34
Inventory 60000
Relocatable No
Number of Employees 20 - 34
Real Estate Owned
Reason for Sale Other business interests.
Description This plumbing, electrical and heating company in Garrett County, Maryland, has seen incredible growth and is positioned for further expansion. The company primarily does residential construction contracts, but it also does plumbing and electrical servicing. It started in 1992 with one service truck and one employee. Now, it has 17 trucks and 28 fulltime employees. Although it has competition in the area, it stands out because of its high level of professionalism. The owner stresses heavy training and promoting from within the company. Employees are long-term, dedicated and skilled. With 14 years in the area, the business has strong ties to the community and enjoys unprecedented customer loyalty. It has good relationships with several local builders, who give it contracts without having it bid for jobs.
The business is based out of a 5,600-sq-ft building with about 1,000-sq-ft of office space. It has plenty of warehouse and storage space, a full basement and a paved lot. It rents out two 800-sq-ft bays, bringing in $700 a month in rent. The building is on four acres in an industrial park along a state highway. The site has a pad for a future additional building. The seller is willing to consider selling or leasing the property to the new business owner.
The business is located in a growing community in the mountains of western Maryland. The beautiful town has an excellent school system and is a good place to raise a family. The several state parks in the area provide residents with numerous recreational opportunities, such as hiking, biking, fishing, golfing, skiing and white water rafting.
The owner might be willing to stay on from six to 24 months after the business sale to facilitate a smooth transition. Contact for more information on this Construction business for sale.
Click Here To Contact Seller
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