#1439 Commercial Interior Remodel & Upfit Contractor

Contact Seller
Pre-qualified for a 10 year SBA loan!
Asking Price:
$1,950,000

Gross Revenue:
$6,955,872
Cash Flow:
$789,048
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

Share this business:

Business Description

• $200,000 of working capital is included in the $1,950,000 selling price.
• This well-established, successful company specializes in interior upfit and renovation for multi-tenant office, flex, medical, retail and light industrial.
• The business is a licensed general contractor in North Carolina and South Carolina. One of the employees also has his General Contractors license.
• The largest customer in 2017 only represented 18% of total sales and many of the company’s customers have been with the company for 15 years.
• The team is comprised of a veteran project manager and superintendents, some of whom have been with the company for 5 - 10 years. Many of the primary customer relationships are with the project manager and superintendents. The company also works with 45 - 50 licensed trade contractors.
• The seller is willing to remain for up to six months to assist with training and transition.
• This business has been pre-qualified for a 10 year SBA loan with a $390,000 down payments at a fixed interest rate of 5.96%
• The loan has a $350,000 working capital line of credit and a $250,000 commercial card. The seller is also including $200,000 of working capital. These will provide the buyer with a total of $800,000 in working capital.

For more information, contact Greg White at 704-561-2503 or gwhite@vikingmergers.com.

Contact the Seller

Listing Info

ID:
1513988
Ad Detail Views:
168

Contact the Seller
Please confirm you're not a robot
Contact the Seller
Business Listed by

Jay Offerdahl

Viking Mergers & Acquisitions

 Show Phone Number

View My 38 Active Listings
U.S. Census Data for Mecklenburg County, NC
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Mecklenburg County, NC
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


Similar Listings


Report an Issue 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. See our full Terms & Conditions.
;