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General contractor & Joinery
Building and Const. Services - General Building Contractors | Building and Const. Services - Other Services
| Asking Price: | Not Disclosed | Inventory: | $10,000 ++ |
| Gross Revenue: | Not Disclosed (comments below) | Real Estate: | n/a |
| Cash Flow: | Not Disclosed (comments below) | FF&E: | $145,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: Varies from 250K to 500K | |||
| Cash Flow Comments: Varies from 100K to 200K | |||
This top notch general contracting and joinery establishment services residential, commercial and marine clients, and was founded in 1996 by the current owner. The powerhouse business offers completely unique custom work and design services, from concept to completion, for the client that is seeking above average quality, and attention to detail. They have built a very solid reputation in their area and surrounding areas as a premium high-end service. 50% of their revenue is from repeat business with 90% coming from their largest clients. With a well known company name due to advertising and exemplary Better Business Bureau rating, and a great cash flow, this business won’t last long! The location of this business is ideal as native timber suppliers are located in the area and the region is one of the main retirement destinations for seniors. To date, this area has been spared the global financial down turn due to economic base being split between public sector employment and retirees with high disposable incomes. Also available in the sale is a Residence/revenue property leased at $2,800.00 and a 41 ft. vintage workboat in excellent condition that could be included in the sale. It is used for material transport and accommodations when carrying out projects on nearby islands. This business is sheltered under a numbered company and consequently enjoys a very favorable corporate tax rate. Corporation is in good standing and all taxes are up to date.
Please note that asking price varies from $249,999 – $929,999 (depends on what is included in the sale).
Please note that asking price varies from $249,999 – $929,999 (depends on what is included in the sale).
About the Business
Year Established:1996
Employees:1 full time -
Facilities:Leased shop/condo. Can be home-based if real estate is included in the sale.
Market Outlook and Competition:New ownership could take this company to the next level if desired by aggressively expanding up island and stepping up to government infrastructure work now taking place, either as general contractor or sub-contractor depending on the situation. Also, adding fire, flood and disaster remediation. Marine joinery could be expanded and consulting services added.
There is some competition in this area.
About the Sale
Management Training and Support:Owner agrees to stay thorough a reasonable transition period.
Reason For Selling:Retirement
Seller Financing:There is some possible owner financing to the right buyer
Sell Your Business | This listing has been viewed 29 times
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Industry: Building and Const. Services
Segment: General Building Contractors Next Listing: GENERAL CONTRACTOR #257
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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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