Listing ID: 73808
This dynamic company provides full-service construction management and individual task orders, such as cost estimating, Critical Path Method (CPM) scheduling, construction management, staff augmentation, project controls, and contract administration. The company has a reputation of innovative problem solving and industry expertise.
While focused on managing projects from concept through completion and combining a depth of technical knowledge with a steadfast commitment to integrity, the company delivers attentive support and solutions suited to each project’s unique needs. The company is a GSA Contract Holder. The company’s 20+ seasoned industry experts serve clients in federal, higher education, commercial, infrastructure, and other markets.
THIS BUSINESS IS LENDER PRE-APPROVED.
Buyers must fill out an NDA and proof of funds to obtain further information.
- Asking Price: $3,950,000
- Cash Flow: $942,233
- Gross Revenue: $3,131,812
- EBITDA: $842,233
- FF&E: $123,220
- Inventory: N/A
- Inventory Included: N/A
- Established: 2008
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:3,200
- Lot Size:N/A
- Total Number of Employees:18
- Furniture, Fixtures and Equipment:N/A
Reception desk, two private offices, conference room, individual workspaces, ample parking. Lease extension negotiations are underway. Landlord pays all real estate taxes and assessments Landlord pays for all utilities including heat, electricity, hot and cold water and sewer. Landlord is responsible for the maintenance of the parking lot and snow removal.
Owners will make themselves available at their current number of hours worked per week, for a period of time, to ensure a smooth transition to the business. This support and training will be complimentary
To begin traveling and enjoying more free time.
There are three primary competitors, however the Company has established an outstanding reputation that has resulted in consistently strong revenues and healthy profit margins.
Growth opportunities are abundant if a new owner would like to expand the number of employees. Current owners have not wanted to manage additional employees.
The business was established in 2008, making the business 14 years old.
The business has 18 employees and resides in a building with estimated square footage of 3,200 sq ft.
The real estate is leased by the business for $2,000 per Month
Why is the Current Owner Selling The Business?
There are all types of reasons individuals choose to sell businesses. Nonetheless, the true factor and the one they say to you might be 2 entirely different things. As an example, they might claim "I have too many various commitments" or "I am retiring". For many sellers, these reasons are valid. But also, for some, these might simply be reasons to try to hide the reality of changing demographics, increased competitors, current reduction in incomes, or a range of various other factors. This is why it is really important that you not count entirely on a vendor's word, however instead, utilize the seller's answer together with your total due diligence. This will paint a more realistic picture of the business's current circumstance.
Existing Debts and Future Obligations
If the existing company is in debt, which many businesses are, then you will have reason to consider this when valuating/preparing your deal. Lots of operating businesses borrow money in order to cover things such as supplies, payroll, accounts payable, and so on. Bear in mind that sometimes this can mean that profit margins are too tight. Many organisations come under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may additionally be future commitments to think about. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with vendors that should be satisfied or might result in charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do operating businesses in the location attract brand-new consumers? Most times, companies have repeat consumers, which develop the core of their everyday earnings. Specific aspects such as brand-new competitors growing up around the location, road construction, and also personnel turnover can influence repeat consumers as well as negatively affect future earnings. One important point to consider is the location of the business. Is it in a highly trafficked shopping center, or is it concealed from the highway? Clearly, the more individuals that see the business often, the better the possibility to build a returning client base. A final thought is the basic area demographics. Is the business located in a densely populated city, or is it located on the edge of town? How might the regional mean family income impact future earnings potential?