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Business For Sale Listing 115254

General Contractor

Status as of Nov-21-2008 at 06:07 PM: Off The Market

Business Summary

This general construction contractor in New Jersey is a profitable and growing business. It does any needed work for commercial and residential projects, including building additions, excavating, installing playground equipment and carpentry. It started as a small subcontractor in 1972. With a focus on quality of work, the company gained so many customer referrals and loyal customers that it was able to expand into a prime contractor - one of three major contractors in the state. It has certifications from the State of New Jersey, the Port Authority of New York and New Jersey, and the New Jersey Transit Corp. The contractor has great relationships with and does regular work for each agency. The business has a reputation for providing quality, on-time work and employing only skilled and hard-working people. The business has never advertised. It instead receives new customers through referrals and competitive bids. Its service area includes the entire state.

The business is home based and will need to be relocated. Presently, it is in Essex County, within 20 miles of New York City.

The owner is willing to stay on after the business sale for up to six months to facilitate a smooth transition.


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Industry

Sector: Construction
Industry: General Contractors

Location

Classification: United States // Middle Atlantic States // New Jersey // Other New Jersey

Financials

Sales: Between $500 Thousand And $1 Million   ($574,284)
Profits: Under $100 Thousand   ($73,407)
Profit Type: Seller's Discretionary Cash Flow (SDCF)
Asking Price: Between $1 Million and $2.5 Million   ($2,200,000)
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