Specialty Commercial Construction Company, $4.69M Sales, $753,766 DE

SBA Financing Available 10% Down, Established Over 60 Years

Unique specialty commercial construction contractor with $4.69 million sales, $753,766 DE, Offered at $2,490,000 plus A/R, is available for acquisition with SBA financing and just 10% down, $323,027.

Established for over 60 years, the company has a long-standing record of quality work, on-time project completion, and competitive pricing. The company has over 200 general contractor and developer customers and no customers above 10% of sales.

The company offers services in commercial & industrial new construction and TI projects ranging from small-scale to multi-million dollar projects across a wide range of industries.

Summary:
* Offered at $2,490,000 plus A/R
* $4.69 million sales FY 2023, ending August 2024
* $753,766 Discretionary Earnings, FY 2023 ending August 2024
* $603,766 EBITDA, FY 2023 ending August 2024
* $323,027 Down w/SBA Financing
* 22 employees
* 9 Trucks
* 2 forklifts

Industries Served
* Commercial & Industrial
* Oil & Gas refineries
* Food Manufacturing
* Residential & multiunit
* Retail

Staff
* 5 foremen/estimators
* 3 foremen
* 1 estimator
* 6 journeymen
* 5 apprentices
* Office Manager + Office Admin Asst

Buyer Skills and Requirements:
The owner is actively running this business and the buyer will have to be willing and capable of learning to run the business. While the buyer does not necessarily have to be trained in this particular trade, they must be willing and capable of learning the technical aspects of this business. This is not a passive-owner business.

The owner has a Contractor License and will act as the RMO (Responsible Managing Officer) for the buyer for up to 12 months (maximum allowed by SBA). The buyer will have to obtain their contractor license within 12 months of the purchase.

The Seller will provide training for 4 weeks/40 hours per week and in addition, will provide limited consulting as negotiated after the initial training period.

Reason for Selling:
The owner is retiring after 30+ years in the construction business.

Inquiries from principals only