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Businesses For Sale   >>   Niche Businesses For Sale   

Niche, Specialty Contracting Business

Location  Maryland,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $1366047
Net Profit / Cash Flow  $288261
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1983
Number of Employees  6 - 9
Relocatable  No
Number of Employees  6 - 9
Real Estate  Leased
Training  Owner will work with Buyer for up to two years post-closing
Reason for Sale  Owner wants to relocate and pursue other business interests

Description  
Started by the current owner over 30 years ago this very profitable service business that serves a lucrative, growing, niche market and is a leading provider of specialty contracting services along the Delmarva coastline and Eastern Shore of Maryland. The company is recognized throughout the region as a leader in their business segment. They have excellent brand/name recognition. Their outstanding reputation is based on their 30+ years of past work and the repeat business of its large, existing customer base. Customer satisfaction is the end result of the company's efficiency and great work product coupled with their high quality service. For the right owner the company provides a well-established platform for growth with very strong operating profits and excellent history upon which to build. Gross Margins have consistently exceeded 40 percent. The company is non-union with 8 highly trained long term employees in addition to the owner. Through October, 2014, the company has $1.22 million in revenues and is on pace to exceed the performance of 2013. Purchase Price: $990,000 Total Assets included in sale: $188,850 Facilities: Company operates from a small office and shop, no lease is needed. Reason for Sale: The Seller has owned the business for over 30 years and has done very well. He wishes to relocate to warmer weather and pursue other business interests. He has no children in the business to succeed him. The Proposed Transaction: The owner wishes to sell the entire company. He will entertain offers of varying financial and legal structures. Each offer will be evaluated on its own merits and in relation to other offers. To ensure a successful transition period, the owner is willing to work with a new owner for up to two years post-closing. Contact: Jeff Hider, CBI, PH: 410-987-7062 or Fran Keenan at same number.


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