Structural Repair Specialized Construction Firm - Double Revenues!

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Structural Repair Specialized Construction Firm - Double Revenues!

Business Description

Perfect horizontal acquisition for an existing construction company that wants a different industry vertical to penetrate and could easily double the revenues in 2015 under the direction of the Seller. Ideal strategic acquirer is someone with excess back office / administrative capacity, with (bonus) some good crews that are trainable in this niche specialty. Averages about 3 to 4 jobs a month, good sales pipeline through April 2015 is all lined up and ready for takeover. Solid crews, all contractors have been with the Company on the order of decades, so this is a talent grab as much as it is a revenue play. NDA is required for comprehensive Q&A and financial profile on file with the Ace Business Brokers.

About the Business

Location:
Boston, Massachusetts
Year Established:
1968
Number of Employees:
9
Home Based:
Yes
Facilities:
Home based portable business, 85% of the work is in the Boston region, with the balance within New England.
Market Outlook/
Competition:
The Company has no major similar competitors, but is limited by the capacity of the current Seller to run all aspects of the Company concurrently. Close ratios are high.
Growth & Expansion:
Could double the Company in the next year with enough staffing bandwidth and the ability to train crews on how to operate in this space. This would enable an even greater return on the Buyer's ROI.
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About the Sale

Reason For Selling:
Ailing health of wife.
Training/Support:
As needed. Seller will stay on board as a commission driven project manager or consultant for a long and smooth hand off to Buyer's team.
Seller Financing:
$200k Cash Down, $5k per month for 60 Months!

Listing Info

ID:
1130047
Ad Detail Views:
2893
Asking Price:
$500,000

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

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$150,000
included in asking price

Real Estate:
 Not Disclosed

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Business Listed by

Rick Carlson

ProNova Partners
License# 01869984

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