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Asking Price$1,400,000
Revenue$6,196,880 Established1975
Cash Flow$690,951 Employees5 full-time
FF&E$200,000* FranchiseNo
InventoryUndisclosed RelocatableNo
Real Estate$1,850,000 Home-basedNo
* Included in Asking Price
This 45-year-old Midwest general contractor enjoys consistent revenue and profits based on half a dozen projects annually primarily in a small geographic area within a healthy region. The company is focused on a single industry: the construction of industrial and commercial buildings. The company's founder is looking to retire and transfer the business' employees and heritage to a new owner who can continue operating this stable business, or grow it significantly building on a strong employee, customer and reputational base.
Competition:The firm's easy-to-work-with attitude and attention to customer service makes them stand apart from their competitors. The firm's five employees have 135 years of combined experience. The firm has phenomenal relationships with a dozen subcontractors.
Growth Potential:Nearly $12 million in new contracts were signed in 2019, with $9 million in expected revenue for 2020. Further growth will require staff expansion, and at least one key employee likely will retire in two to three years.
Training/Support:Until recently, the owner had been able to cut down his work week to one day per week.
Seller Financing:Financing available, only if necessary and with a short term.
Sale Reason:Retirement
Ad #120400
Seller Reference #DAYTOOH001-N537
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Contact This Seller
Doug Bolton
(937) 866-4611
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