GC & Construction Firm with 40% Earnings Growth
Location: Colorado > CO Central Mountain Communities
Industry: Building and Const. Services > General Building Contractors
Financials
Asking Price: $1,749,000
Gross Revenue: $9,868,146
Gross Revenue Comments: Strong growth across all numbers in 2007/2008
Cash Flow: $675,000
Cash Flow Comments: Excellent earnings; Up 40% in recent years
FF&E: $205,000 (Included in Asking Price)
Real Estate: $700,000 (Not Included in Asking Price)
Seller Financing: SBA has APPROVED Underwriting/Funding at Asking Price, Seller will participate!
Business Summary
Market continues strong with current and new projects. This business is maintaining its strong performance in 2006, 2007 & 2008! Revenues remain strong, and Earnings grew 40% in 2007, continuing strong in 2008. Region has continued demand for this company, and its reputation & quality put it ahead of the pack. This firm is well established in the CO Central-Mountain Communities. With an earned reputation of high quality, cost management and timely completion of projects this business is poised for continued growth & profitability. Company has continued strength in business underway for '08! with results that will rival their success in recent years! A mature team manages projects and the office with the best computerized scheduling and financial tools. This business has a deep resume' of satisfied clients and referrals to leverage continued success. Focused on new construction and renovation, this business is well hedged for economic cycles, and positioned for continued growth. Projects are spread across a managable market that holds strong demand into 2008.
About the Business
Employees: 25 full time - 2 part time
Facilities: Includes leasehold improvements, multiple business vehicles (all late-models), Construction & Office Equipment. RE available separately. All vehicles & tools are Paid In Full!
Market Outlook and Competition: Market continues strong - low-affect of national housing trend. Outlook for 2008 is as strong or stronger than 2006/7 performance. Many projects underway! Could be expanded to larger community or position for larger projects in current area.
About the Sale
Management Training and Support: Seller will train & familiarize in management, local industry and bid/quotation process. Business has strong management & construction team in place.
Reason For Selling: Retirement
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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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