General Contractor - Tenant Finish
(Building and Construction, Service)
Listed Price: $ 647,000
Listing ID: 201945
Listing DetailsGross Revenue: $ 2,034,283
Cash Flow: $ 273,065
FFE: $ 5,000 (Included in Price)
Reason for Sale:
Training & Support:
Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company operations.
Listing SummaryBusiness Description:
This well-established general contractor specializes in commercial tenant finish. The company has a successful 31-year history completing projects from historical building work to custom tenant finish projects to core-and-shell tenant finish. The company has a long list of satisfied customers, a solid growth curve and currently secures work through repeat calls or word-of-mouth alone.
This company is a perfect platform for someone to grow to the next level. The current owner has purposely kept the company smaller and easy to manage, has not hired superintendents, turns down work and does not have a website or any formal market plan. Yet, the company currently does 2MM in sales and $270,000+ in cash flow!
Clean books, positive trend line, established vendors, loyal sub-contractors and reliable referral sources for new business.
Of course, this is a general contracting business. However, one look at the financials, trend line, list of customers and work flow you will know this is a solid, well run company with sustainable competitive advantages and plenty of growth potential.
The company has been growing each year as is. However, additional growth opportunities include: hiring superintendents and taking on additional work, proactively leveraging current client list, develop a website, exploring social media, accepting all of the work that comes in currently, adding a sales rep/estimator and/or office manager.
The seller will entertain offers of varying financial and legal structures.
Currently a home based business.
Absentee Owner: No