Specialty Contractor - Niche Sports-Related Business
Worcester County, MA
| Asking Price: | $550,000 |
| Gross Revenue: | $2,000,000 |
| Rent: | $2,500/Month |
| Cash Flow: | $285,000 |
| Inventory: | $20,000 |
| Established Year: | 1979 |
Listing ID: 2260726Listing provided by BizBuySell
BUSINESS DESCRIPTION
Nice add-on opportunity to your existing construction type business or stand alo
• Specialty Contractor in niche sports-related business for over 35 years
• Many Institutional clients (B to B), plus high net worth clients (B to C)
• Seasonal work with winters off
• Business typically starts the season booked well into the summer
• Recurring revenue from maintenance of past installations
• Installation crew with many years of experience
• Key foreman will stay on with new owner
• Seller looking to retire and will train to ensure a smooth transition
• Significant growth opportunities with new owner energy!
DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
4,800
Employees
8
Facilities
The business operates out of a 4,500-sf leased building with useable outdoor space of 21,000-sf.
The lease is currently month to month and the business is not a destination location and could be relocated as needed.
The business comes with numerous pieces of construction tools and equipment to include multiple vehicles. Detailed equipment list will be provided to serious buyer prospects.
Competition
This business operates throughout New England, New Jersey, New York, and Pennsylvania. Through a strategic relationship, they have sometimes gone as far away as the Hawaiian Islands where they have been involved in a number of projects.
Growth & Expansion
For the right "Hands on" operator, this would be a great business to run and grow. It would also be a great add-on business to a similar construction type business.
This business employs 8 full time employees and utilizes up to 4 primary subcontractors.
Financing
Some owner financing to a well-qualified buyer.
Support & Training
Seller supports some level of transitional training as well as a longer-term consulting roll. Fees are negotiable.
Reason for Selling
Retirement
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