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Multi-Trade GC with No Sub-Contractor Reliance! (37902)


Projecting $12 Million! The business offers general contracting services, specializing in design, concrete and masonry, carpentry, drywall, and construction management to surrounding building projects. For over four decades they have won respect and a reputation for reliability in the industry with high ongoing ratings. Offering a year’s warranty on labor, the company’s unique structure caters to Commercial (50%), Government (25%), Industrial (15%) & Retail (10%) markets. Benefiting as a debt-free business at the time of sale, Total Revenues for 2022 reached $9,941,633 alongside Discretionary Earnings of $458,000, plus Sales Projections up to $12 Million for 2023! Situated along Southeast Wisconsin, Center of operations is a prime 9,200 square foot facility that features around 5,000-sq.ft. of office space plus 4,200-sq.ft. used for heated & cold storing, with an adjacent storage property of 2,000-sq. ft. that’s leased separately. Found in top conditions, with strong visibility and local reputations, entire Real Estate is pre-zoned to handle extra capacity for expansions and holds a tenancy of $6,000 each month or is available for an optional purchase. Experienced union of 24 employees with a management team in place is most likely to remain post-sale and continue its streamline-possible operations after a negotiable transitioning period with kept ownership roles. The company is flexible for optimizations that could take profits to the next level, such as new industry relations. Besides their maintained website and engagements on social media, marketing efforts utilize referral sources and community events like school parades or festivals, backed and networked by a large, repeating customer base.



Listed By: Paul Coggin

Background information

Seller Number:

37902

Year established:

1981

Reason selling:

Pursuing other interests.

Finance

Sales:

$9,941,633

Profits:

$458,000

Profit type:

Discretionary Earnings

Operations

Employees:

24 union.

Equipment:

$802,792 including Furniture!

Inventory:

N/A.

Premises

Facility:

Outgoing projects show current Costs in Excess valued at $554,031 and latest Receivables atĀ over $5 Million under contract for 2023!

Square footage:

9,200+/-

Rent and lease terms:

Holds a tenancy of $6,000 per month.

Opportunities

Market:

Website, Social Media, Community Events, and Referral Sources.

Price and terms

Price:

$2,150,000

Financing:

Negotiable up to 20% for the right buyer.

Owner Transition:

Streamline-possible operations after a negotiable acclimation period with kept owner roles.