Commercial GC: Primary Clients in School Systems
Long Established Reputation with Private Bid Allowances for Municipal Contracts!
Boasting over a 20% increase in year over year revenue, this 15+ established business can be purchased with just $63,000 down. All vehicles, equipment, and assets are included in the $630,000 purchase price. Located in the Denver Metropolitan Area, this General Contractor focuses on municipal projects with over 50% of their income coming from state school systems. Due to the recently passed infrastructure bill, this company is recession proof due to their municipality focus. General Contracting services provided include new builds and foundations, renovations, drywall, electrical system installation, plumbing, and demolition. With a manager and 2 superintendents and an accountant, the majority of work is delegated to subcontractors.
The current owner of this business is looking to retire from his current role of handling the estimating and bid management for the business. Before stepping away from this operation, he is dedicated to ensuring the ongoing success and comfort of both the staff and clients. This is why he has offered a transition period of up to 3 years. As an added demonstration of his vested interest in the ongoing success of the business, he has also offered to carry 10% of the purchase price via either seller financing or equity roll. Priced at $630,000, this general contractor with over 15 years of experience and reputation under their belt is a fantastic opportunity for a wide variety of buyers. This business has exponential room for growth in almost every field as the owner has kept things small out of personal preference. The business could expand in almost every aspect including self-performed labor, client base, geography, marketing tactics, and more making it a potential gold mine waiting to be discovered. It has a wealth of resources that could be found invaluable to an individual looking to step out of their current construction job and build up their own business, an existing contractor looking to expand into the municipal client base, or a subcontractor looking to expand the services they can offer outside of their current niche.
Offer Price: $
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The bank will require a minimum ratio of 1.5 to be lendable.
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The rate of return on the Buyer's down payment.
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Omaha, NE 68114
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