Total of 18659 firms and businesses for sale today Thursday 2nd May 2024
Time to Sell or Time to Buy !

Business For Sale. Construction

LISTING DETAILS
Firms For Sale ID:
12120
Vendor reference:
206987
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$11,000,000  
Turnover / revenue:
$3,450,528
Net profit / cashflow:
$20,233,691

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
For over two decades this specialty construction firm has provided professional and high quality 93;underground wet utility services94; to the blue chip home builders and municipalities in the Southwest United States. This firm92;s excellent reputation and high profitability continues to allow them the luxury of being VERY selective with whom they will do contract work for. There are many contract requests that are 93;no-bid94; or not pursued. The company relies entirely on word of mouth and has no organized marketing or client development plan in place. Middle management is well organized and very strong with many years of specialty construction experience. They are willing to stay with the new owner and continue a legacy of excellence. Two of the middle managers maintain the appropriate contractor92;s licenses to run this company. The owner is retiring and will stay for a transition period. He has realistic expectations about what an equitable transaction should look like for a buyer. Including that he is willing to carry back a significant purchase note for the right buyer. For additional information, please contact George Hicks at 310-539-8300.