Company ID: 00184 CGGA
Asking Price: $2,500,000
Gross Revenue:$4,792,409
EBITDA:$935,199
Current work under contract: $10,000,000
FF&E:$30,000
Inventory:$20,000
Business Description
Turn Key Renown Construction Related Business for sale
Due to the fact that this business is well known and for confidentiality purposes we are only disclosing the focus area of the business after a confidentiality agreement has been signed. The business is turn key and pandemic proof. The business has been actually growing strong during this pandemic.
The company has 10 million dollars worth of work under contract right now and 50,000,000 worth of bids already sent out, and they are continuously getting requests for more work. The business has such a high reputation in the South that they NEVER solicit work or do any type of advertising. All work comes to them.
This long lasting highly reputable Contractor company in the Construction Industry has been operating for over 30 years (the longest-running contractor of its kind in the area) and maintains an impressive profit margin of around 25 – 30%. This business has an extremely strong reputation in the area and is currently focused on the Georgia market, but has an easy to replicate operating formula that can be easily expanded in the entire South. Incredible customer retention (many clients have been contracted work from this business for 20 – 30 years).
The business is turn key. It currently has a manager that runs the entire operation, and he would love to keep his position even if the business is sold to a new owner.
Detailed Information
- Inventory:
- Included in asking price
- Real Estate:
- Owned
- Building SF:
- 5,000 leased
- Employees:
- 18
- Furniture, Fixtures, & Equipment (FF&E):
- Included in asking price
- Facilities:
- The location where the business operates is leased.
- Competition:
- There are other companies doing the same type of work in the area, but if they compete on a project this business wins the work every time. Competition does not hurt the business in any way.
- Growth & Expansion:
- The seller has not been doing any marketing or prospecting in years. He has built such a strong reputation in the industry that he never has to solicit any business, all business comes to him. Marketing efforts coupled with extending the covered serviced area offers a huge potential for growth.
- Support & Training:
- 30 days complimentary training. The business has a manager that manages the entire business and will be your support for anything business related.
- Reason for Selling:
- Retirement
