Ad ID: 1453433
Type: Established business
Category: Construction – Heavy
Included in the Asking Price:
Furniture, Fixtures & Equipment: $200,000
Cash Flow: $963,831
For over 20 years this company has been a regional leader in commercial construction. From conception to completion, the firm provides clients with ground up and tenant improvement construction. With over 15 years of strong ties to national clients, they currently negotiate 90% of their work with clients in the private sector. They have an outstanding reputation for completing projects on time and within budget. The company enjoys an impressive backlog of great projects for 2018 and commitments for 2019. A benefit of owning this business is the relationship they have built with many subcontractors and suppliers in the area, both of which can be in short supply as the region continues to undergo rapid growth. With the influx of commercial business to the region, a motivated buyer could easily capitalize on growth opportunities and expand the company rapidly. Seller has already had to turn down in excess of $10 million dollars in business 2017 because they do not have the manpower to execute the work. Adding staff would allow the company to take on additional local projects as well as provide services in other geographic locations (e.g. Sacramento, the Bay area, Las Vegas) for their national clients.
Year Established: 1997
Facilities: Seller has not made any long term commitments for facilities
Competition: For over 20 years, this business has maintained a superior reputation in the industry. They enjoy long-established relationships with loyal repeat customers as well as with subcontractors and suppliers.
Growth and Expansion: Northern Nevada is experiencing unprecedented growth and this company is well positioned in the market to expand. They have a unique relationship with several national clients and thus enjoy a solid repeat business. The firm could be grown not only by targeting new industry in the Northern Nevada, but also capitalizing on projects in other regions.
About the Sale
Financing: All cash or terms acceptable to seller
Support/Training: Negotiable. Seller is committed to Buyers success.
Reason Selling: Other business interests.