Commercial & Residental Construction Business
| Asking Price: | $250,000 | Inventory: | $1 ++ |
| Gross Revenue: | $769,243 (comments below) | Real Estate: | n/a |
| Cash Flow: | $146,273 | FF&E: | $30,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: sellers discretionary income | |||
This business has been established since 2003. It consists of compressors and pneumatic tools, power tools, ladders, stands, carts, scaffolding, safety equipment and hand tools necessary to perform commercial construction, renovation and remodeling. This is an asset sale only. Real estate is not included in this sale
About the Business
Year Established:2003
Employees:4 full time -
Relocatable:Yes
Market Outlook and Competition:There are other contractors in the community. This company has grown exponentially due to a change from high end residential to commercial work.
About the Sale
Management Training and Support:Owner willing to assist in training and transition for a limited period of time from date of closing at no additional cost to buyer
Reason For Selling:To retire from administrative activities. Seller willing to work as employee with new owner
Seller Financing:$100,000 down balance $150,000 payable at $2,899.92 or more per month to include 6% annual interest computed on the monthly declining balance until paid in full. Interest to commence 30 days from closing with first payment due 60 days from closing and each 30 days thereafter until paid in full - approx 60 payments. Entire balance secured by a WBA Financing Statement and a UCC1 Security Agreement as evidenced by a promissory note, personally and corporately guaranteed by purchaser.
KEYWORDS: construction business, contract workers, residential, commercial, licensed, bonded
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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