SOLD – S482 – Specialty Construction Contractor

Specialty Construction Contractor - South Central Texas

General Information

Description:

The business works primarily with national General Contracting firms and often times bids to several that are bidding on the same project. Construction projects are primarily commercial sites such as for large retail stores, office buildings, shopping centers, hotels, athletic centers, and recently many school districts. Most of the projects are large – for example the average project size in 2019 was $143k. Included with the business is the customized equipment that is used in the services provided. There are two owners. The primary owner is selling for health reasons and the other owner who handles the sales and bidding is willing to stay on for an extended training / consulting period if required for a smooth transition. A meaningful non-compete will be signed at closing. This is structured as an asset sale and is neither an offer nor a solicitation to sell securities. Call Doug Scheiding at 210-348-8989 or email at info@bbofsa.com for more information.

Financial Information

Asking Price:

Negotiable

Down Payment:

Negotiable

Annual Receipts:

$1,065,000 (’19)

Cash Flow:

$391,500 (’19)

Mortgage

Seller Financing:

Franchise:

Home Based:

Yes

Relocatable:

Yes

Year Established:

1990

Year Acquired:

Employees:

1 FT 5 PT

Building Information

Building Sq. Footage:

Equipment Yard

Monthly Rent:

$1,250

Real Estate Available:

2022