Business Overview

This Business is Located in Central Iowa.
The business specializes in Post Frame Building Construction although they work on other projects as well.
Owner has a General Contractor License.
The business will take client ideas and then design, build a blueprint, and build as desired.
Business Established in 2005.
Contracts in place for work past the end of the year.
Business has a great reputation and many repeat customers.
Business is going great, but the owner wishes to pursue other interests.
Owner will train and coach new buyer to ensure a smooth transition of ownership and operations.
Owner will continue to work with and guide new buyer for an extended period of time if new owner desires this.
Business comes with many contacts, clients and contracts.
Business employs multiple employees who do a great job.
One of the best construction businesses in the area.
This listing is for the business brand, contracts, contacts etc. without equipment. Equipment may be purchased additionaly if desired.
This business could be grown as large as you wish.
Step in and add this business to your existing portfolio to quickly gain market-share, or start your own profitable company and be your own boss and make $$$,$$$ cash-flow per year!
Business has A+ rating with Better Business Bureau.
Business is Accredited with Better Business Bureau.
Local Building Inspector said a buyer may call and ask his opinion if you need a reference on the great work done by the business.
Business was Nationally published by rural builder in sourcebook for a beautiful building which they helped design and build.
Business purchase comes with Business Name and Website.

Financial

  • Asking Price: $540,000
  • Cash Flow: $262,500
  • Gross Revenue: $968,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: $15,000
  • Inventory Included: Yes
  • Established: 2005

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:4
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Owner will support and train buyer.

Purpose For Selling:

Owner wishes to pursue other intrests

Pros and Cons:

One of the best Construction Companies in the area

Opportunities and Growth:

Unlimited Growth Potential

Additional Info

The company was established in 2005, making the business 17 years old.
The transaction does include inventory valued at $15,000, which is included in the listing price.

Why is the Current Owner Selling The Business?

There are all kinds of reasons individuals decide to sell companies. Nevertheless, the true reason and the one they say to you might be 2 absolutely different things. For instance, they may say "I have too many various responsibilities" or "I am retiring". For many sellers, these reasons stand. But, for some, these may simply be excuses to try to conceal the reality of transforming demographics, increased competition, recent reduction in profits, or an array of other reasons. This is why it is really vital that you not depend entirely on a seller's word, however rather, use the seller's response combined with your general due diligence. This will repaint a more sensible picture of the business's existing situation.

Existing Debts and Future Obligations

If the existing entity is in debt, which numerous companies are, then you will need to consider this when valuating/preparing your offer. Lots of companies finance loans so as to cover things like inventory, payroll, accounts payable, etc. Keep in mind that in some cases this can suggest that revenue margins are too tight. Numerous businesses come under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may also be future commitments to take into consideration. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with vendors that have to be satisfied or might cause penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the location draw in brand-new customers? Most times, operating businesses have repeat consumers, which create the core of their day-to-day revenues. Particular elements such as brand-new competitors sprouting up around the location, roadway construction, and also personnel turnover can influence repeat clients and also negatively impact future revenues. One crucial thing to think about is the placement of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the highway? Certainly, the more people that see the business on a regular basis, the higher the possibility to develop a returning customer base. A final thought is the general location demographics. Is the business located in a densely populated city, or is it located on the edge of town? How might the local typical family earnings impact future revenue prospects?