Well-Established General Contractor in Desirable Market
ASKING PRICE: $950,000
LOCATION: Boulder, Colorado
GROSS REVENUE: $7,891,953
CASH FLOW: $525,612
FFE: $15,000 (Included in price: Yes)
This well-established general contracting company has a successful 41-year history of completing ground-up commercial projects from building office and apartment buildings to historic building renovations to custom tenant finish projects of medical facilities, community centers, testing labs and civic projects. The company has a long list of satisfied customers, a solid growth curve and currently secures work through repeat customer calls or word-of-mouth alone. This company is a perfect platform for another general contractor; a company in a related construction field; or an add-on to a general contracting business looking for a strong foothold in the company’s market. The current ownership has purposely kept the company smaller and easy to manage and turns down work. Yet, the company currently does almost $8 MM in sales and $525,000+ in cash flow! Clean books, positive trend line, established vendors, loyal sub-contractors and reliable referral sources for new business make this an attractive opportunity.
900 sf leased office space.
There are other general contractors, however, one look at the financials, trend line, backlog, list of customers and work flow you will know this is a solid, well-run company with sustainable competitive advantages and plenty of growth potential.
The company has been growing each year as is. However, additional growth opportunities including hiring superintendents and taking on additional work, proactively leveraging current client list, develop a website, exploring social media, accepting all of the work that comes in currently, adding an office manager.
Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company operations.
The Seller will entertain offers of varying financial and legal structures.