High-End Residential Construction-Northern NJ

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Construction and Renovation Business Experiencing Impressive Growth
Asking Price:
$585,000

Gross Revenue:
$2,890,511
Cash Flow:
$563,072
EBITDA:
$473,072
Inventory:
 Not Disclosed

FF&E:
$44,500
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This business is a full service general contracting and construction management firm specializing in high-end home renovations, as well as in the construction of luxury custom-built homes. They have an excellent reputation in the industry for adhering to the highest levels of integrity, for being reliable, and for providing their clients with work of the highest quality.

The company has been in business for 33 years. As such, they have developed a large base of repeat clients. These clients return when they want to upgrade their current homes through renovation or expansion, or when they are in the market for a new custom-built luxury home.

This business brings to the table a well established going concern value, well established operating systems, a proven track record and a proud history of satisfied clients. And it is currently experiencing impressive growth in 2018.

About the Business

Year Established:
1985
Number of Employees:
2
Relocatable:
Yes
Facilities:
Consists of an Office and a 1,000 sq. ft. Warehouse. The monthly rent is $800.00.
Market Outlook/
Competition:
Competition is not a major factor.
Growth & Expansion:
The business has solid operational procedures in place, enabling it to handle significant growth. The buyer of this business will be able to capitalize on the significant growth opportunities that are available in the current geographic market served by this company, as well as in neighboring geographic markets that haven't been previously pursued.

In short, the demand in northern New Jersey for upscale renovations and for new high-end residential construction is greater than the ability of the marketplace to satisfy it.
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About the Sale

Reason For Selling:
Retirement - Moving out of state
Training/Support:
The Seller will be willing to stay on for a reasonable period of time to train the new owner in the operation of the business, and to introduce, and help the owner establish relationships with, all the key business associates (suppliers, architects, etc.).

Listing Info

ID:
1530762
Ad Detail Views:
486

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Business Listed by

Tony Torella

Excelsior Business Group LLC

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U.S. Census Data for New Jersey
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 New Jersey
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.


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