Construction Co. Only 11% Down -Owner Will Stay On

Business
  • Listing# : 19225
  • Listed Price : $400,000
  • Total Sales : $3,174,252
  • SIC : 1542
  • Down Payment : $45,000
  • Status : Active
  • Discretionary Earnings : $139,747

Business Type :

Construction / Contractor General, Construction / Bldg Renovations

Business Description :

Established Construction Company – only 11% ($45,000) down needed with bank financing in place

OWNER WILLING TO STAY ON FOR 6 MONTHS FOR A SMOOTH TRANSITION FOR BUYER

This well-established general construction company has been operating for over 40 years, serving residential and commercial clients. The business has built a strong reputation for quality work and reliable service, resulting in steady demand and repeat customers.

Owner is involved buy overseeing operations doing estimating, purchasing, and quality control, supported by an experienced team of full-time employees. The company operates five days per week from a commercial location with low overhead and includes a company vehicle.

This opportunity is ideal for an owner-operator or an existing construction firm seeking growth. The seller is offering training and transition support as part of a retirement-driven sale.

BUYER MUST HAVE CONSTRUCTION EXPERIENCE

Highlights:

·       40+ years in business

·       Only $45,000 down needed to get in this business

·       Established reputation and repeat clients

·       Owner will stay on for 6 months of training

·       Experienced staff in place

·       Low-overhead commercial location

·       Vehicle included

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $10,000
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $80,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $20,000
    • Incl : Yes
    • Total Assets $110,000
    • Incl : Yes

Lender Prequalified: Yes

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