Printer



Active

TX G.C. for Gov’t Agencies, Universities & Hospitals (37506)


Company is a general contractor providing major and minor construction projects for commercial customers, government agencies and universities. Projects have included parking garages, building renovations, new construction, and expansions. Additionally, the company does commercial drywall and acoustic ceiling installations. The Company operates from a 7,636-square foot facility in Texas, which it owns. Offering these services requires a facility with warehouse and office space, a fleet of vehicles and personnel with industry experience. The seller will lease or sell the property to the buyer. Company has a proven track record, supported by almost 70 years of ongoing business. With its broad range of services, the Company’s marketing efforts focus on targeting municipalities, industrial firms, and commercial enterprises. The revenues for 2023 were $4,005,080 and 2024 is targeting stable revenues of $4 Million with $250,000 Discretionary Earnings. The significant number of available projects provide the buyer with an opportunity to increase the multimillion-dollar revenues and net income. With its large customer base and solid reputation, the Company continues to attract new customers while maintaining its reputation with existing ones. Large projects are already contracted and underway this year.



Listed By: Paula Kruger

Background information

Seller Number:

37506

Year established:

1951

Reason selling:

Approaching retirement and/or pursuing other interests.

Finance

Sales:

$4,005,080

Profits:

$250,000

Profit type:

Discretionary Earnings

Operations

Employees:

40 nonunion.

Equipment:

$125,000

Inventory:

Varies per Project.

Premises

Facility:

Owned.

Square footage:

7,636+/-

Opportunities

Market:

Referral Sources.

Price and terms

Price:

$799,000

Financing:

Financing can be negotiable for the appropriate buyer.

Owner Transition:

The owner will be available for acclimation. A management team is in place and the employees will stay on after the sale.