Cash Rich Specialty Commercial Construction
Location New Jersey,United States
Asking Price Range $10.0M - $20.0M
Gross Revenues $14556005
Net Profit / Cash Flow $4238158
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1902
Number of Employees 50 - 99
Inventory 3807628
Relocatable Not Disclosed
Number of Employees 50 - 99
Real Estate Leased
Training Will be provided enough for smooth transition.
Reason for Sale Retire after proper transitioning of the business.
Description Company provides services for commercial and industrial specialty construction in all parts of NJ. The company gets contracts from other building contractors, as well as gets work directly from clients. The company also has substantial business in architectural metal specialty construction. Company is extremely successful and profitable. Company deals with some of the largest construction companies in the area and is a certified installer for almost every manufacturer of construction materials. Primary work is in new construction, and replacement. Company has been noted for its quality and long-term standing and client relationships in the state of NJ. The company has received several awards in the past and many of its projects received recognition in magazines and newspapers. Company is fully licensed in the State of New Jersey.
The Company currently works only in NJ, and gets more work opportunities that it can handle. The Company has already procured orders for CY 2005 that is more than 70% of CY 2004 revenue. There is potential to submit additional bids that company currently ignores. It can also expand to surrounding areas, such as PA and DE.
Specialty area which company works in has limited competitors at this level. The cost and complexity to enter this business, on a large scale, make it impractical, if not impossible, to achieve a level of operation, such as the Company has, in a short period of time. Contact for more information on this Specialty Commercial Construction business for sale.
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