Business For Sale Listing 146827
$653K CF-$7.9MM Gross;Niche Commerc Service
Status as of Oct-10-2008 at 06:00 PM: Off The Market
Business Summary
Specialty Commercial Contractor in metro Denver. 60 highly trained, legal, and loyal employees. Business is 30 years old! Excellent Reputation. Sale includes $350,000 in Working Capital and $100K in equipment. Work in Progress over $4.6MM transferred to new owner. Exclusive relationships with manufacturers and suppliers = lower cost and higher margins on 70% of the jobs we do. High % of negotiated work vs. hard bid. Demo work and recycling new trend (mandated by local governments) which has 60% margins; NO ONE has tapped this market yet. Very distinguished client base and project history = Convention Centers, Denver International Airport, 5 major school districts (100+ schools), hospitals/medical centers, banks, restaurants, retail, recreation centers, gaming facilities and many large regional and national General Contractors and Const. Companies. "If you've been to Denver you've probably seen our work." Revenue not subject to construction booms and busts – majority of work retrofit or remodel on a regular, recurring and predictable basis. Business one of only a few in the area that can get jobs demanding a large, highly skilled work-force. Customers pay a premium for the technical expertise and variety of services offered. NO RESIDENTIAL WORK. Sales have been at $7-8.5 MM for the past 6 years; Cash Flow has continued to increase substantially during this time. Many opportunities for expansion and increasing operational efficiencies. The sellers are high-school educated "tradesman" and do not have the skills to grow the business further. A buyer could easily double the business in 2-3 yrs (in the current facility). Commercial Construction is a very strong industry in CO. No direct experience or license needed. The tremendous growth in Colorado provides very high demand for this specialized work. To get a comprehensive SALES AND FINANCIAL PACKET on this business CALL OUR OFFICE or email.
Categories
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Industry
Location
Financials
| Sales: |
Between $5 Million And $10 Million (7,900,000) |
| Profits: |
Between $500 Thousand and $1 Million ($653,000) |
| Profit Type: |
Cash Flow |
| Asking Price: |
Between $1 Million and $2.5 Million ($1,850,000) |
