Leading Specialty Services --Remodeling & New Construction

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Exceptional Charleston Specialty Services Construction

Business Description

This exceptional firm sets the bar high for their specialty services in the greater Charleston region. This region is reported to be the most rapidly growing area in the southeast. Their high-quality, specialty construction services are the preference of discriminating homeowners and very high-end builders. They continue to experience substantial growth.
The staff and owners have built a superior and lasting reputation over a number of years, based on high-quality products and superior services that align well with this high-end demand. The processes they follow have been well honed, are of benchmark quality, and provide staying power for the successful buyer. Their unique customer base and services' mix helps to insulate them from normal cyclical dynamics. They are in "first position" vs, their competition.
The driving force behind Charleston's regional growth have been: recognition as #1 city for tourism; manufacturing expansions; and baby boomers and "new money" seeking a charming southern lifestyle and investment opportunities.
The owner has been effectively running at staffing "capacity." He has chosen not to add staff to take on available additional business and does minimal advertising. He's ready to move on the "next stage" of his life.
The extraordinary business and regional factors have combined to drive substantial profitability an growth. These factors combined with the strength of staff provide a sustainable platform for the new owner.
Seller Discretionary Earnings for the latest 12 months were about $1.2M.

About the Business

Real Estate:
Leased
Building Sq. Ft.:
23,000
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Listing Info

ID:
1580235
Ad Detail Views:
0
Asking Price:
$4,750,000

Gross Revenue:
$10,800,000
Cash Flow:
$1,200,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
$1,400,000
included in asking price

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Business Listed by

Stephen Fitzgerald

VR Business Brokers-Savannah

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U.S. Census Data for Berkeley, Charleston and Dorchester Counties, SC
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 Berkeley, Charleston and Dorchester Counties, SC
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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