Since the 1970’s, this construction company has been a premier general contractor in the commercial and industrial space. Industries generally served include Health Care, Medical, Retail, Manufacturing, Pharma and Commercial.
With a broad customer base, strong supplier relationships, and significant contracted revenue growth YoY, this is an ideal turn-key opportunity for seasoned construction experts.
The current owner provides general oversight, reviews and authorizes contracts, handles insurance and also leads the firm from a risk mitigation perspective. He has taken a step back in recent years, with reduced time spent on site and is no longer the face of the company.
$300-$500K is generally required for working capital purposes.
The property is owned by the seller. There is currently a negotiable, 10-Year NNN Lease, Expiring 5/1/2027. The owner may continue to lease the property to the business’ new owner, or is open to a real estate sale as well.
$1,750,000
| Gross Revenue | Cash Flow | EBITDA | Inventory included in asking price | FF&E included in asking price | Real Estate not included in asking price |
| $7,404,393 | $613,100 | Not disclosed | Not disclosed | $705,000 | $500,000 |
About the business
| Location: | Pennsylvania |
| Year Established: | 1970 |
| Number of employees: | 15 |
| Real Estate: | Owned |
| Building Sq. Ft.: | 7,000 |
| Facilities: | Office: 3648 sq. ft. Basement Storage: 1800 sq. ft. Shop Area: 1536 sq. ft. |
| Growth & Expansion: | Strong outlook due to well established relationships with business owners and architects. Untapped market share in competitive bidding arena and prevailing wage work. Aggressive marketing to new client contacts, given steady flow of work through repeat relationships. |
About the sale
| Reason for selling: | Retirement |
| Training / Support: | Training period is negotiable, a smooth transition is desired. |
Get in touch!
