Listing ID: 69876
This strong, well-run company specializes in managing the construction process for clients of all sizes. They have completed projects, large and small, in 15 states and continue to thrive in today’s environment. While located in Arkansas, there are no geographic boundaries to restrict this powerhouse from operating around the country and possibly internationally.
The company is in the “build to suit” or “build your plan” space within the construction industry and offers the pinnacle of customer/client service. The company does not employ labor but uses project managers to engage subcontractors and suppliers in order to complete a project in a timely and cost-efficient way. The company provides ultimate customer service that is always in high demand for residential and commercial construction alike. The company is capable of managing dozens of projects simultaneously regardless of geographic location or the scope of the project.
- Asking Price: N/A
- Cash Flow: $1,834,425
- Gross Revenue: $26,969,146
- EBITDA: N/A
- FF&E: $280,000
- Inventory: N/A
- Inventory Included: N/A
- Established: N/A
- Property Owned or Leased:Own
- Property Included:Yes
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:N/A
- Furniture, Fixtures and Equipment:N/A
Includes office and storage facility on property
more time with family
Why is the Current Owner Selling The Business?
There are all kinds of reasons individuals decide to sell businesses. Nevertheless, the genuine factor vs the one they tell you might be 2 absolutely different things. As an example, they may say "I have way too many various responsibilities" or "I am retiring". For numerous sellers, these reasons are valid. However, for some, these might just be excuses to try to conceal the reality of changing demographics, increased competitors, recent decrease in profits, or a range of various other factors. This is why it is extremely vital that you not depend absolutely on a seller's word, however instead, use the seller's response combined with your total due diligence. This will paint an extra practical image of the business's present scenario.
Existing Debts and Future Obligations
If the current entity is in debt, which lots of companies are, then you will need to consider this when valuating/preparing your offer. Many operating businesses take out loans in order to cover points such as supplies, payroll, accounts payable, and so on. Keep in mind that sometimes this can suggest that revenue margins are too tight. Numerous companies come under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may also be future commitments to think about. There might be an outstanding lease on equipment or the building where the business resides. The business might have existing contracts with suppliers that must be met or might result in charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do operating businesses in the area draw in brand-new consumers? Most times, businesses have repeat customers, which develop the core of their day-to-day earnings. Particular factors such as new competitors growing up around the area, road building, as well as staff turnover can impact repeat customers and also negatively impact future incomes. One important point to take into consideration is the placement of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the main road? Clearly, the more individuals that see the business often, the better the possibility to construct a returning customer base. A last thought is the general location demographics. Is the business located in a largely inhabited city, or is it located on the edge of town? Just how might the local median house income influence future earnings potential?