Seller Financing Available
Gross Revenue: $12,742,000
Lease Rate/Sq. Ft.: N/A
General Contracting, Construction, and Engineering Services
Owners willing to stay, solid company with $1,000,000 Cash Flow
The business has over $22,690,000 Back-Log of contracts . This is one of the most prominent and professional Construction Services firms in the DC Metro area. The company maintains an excellent reputation with its customers resulting in repeated contract renewals. The firm’s practice areas include General Contracting, Design/Build, General Construction, Metrology and Calibration, and Project/Construction Management Services. They have provided services to Fortune 500 Companies, Local Government, State Government, and Federal Government Agencies including Lockheed Martin, SAIC, DOD, Department of Commerce, Department of Treasury, Smithsonian Institution, Department of Homeland Security, and the State of Maryland. It is important to know As of August 2015 the company has in excess of twelve (12) long-term construction contracts and a Back-Log of over $10M. They have been awarded two (2) new multi-year MATOC’s for the federal government, first one $250,000 five year, second one $100,000,000 three year. They also have several large proposals under review.
Real Estate: Leased
Building SF: N/A
Lease Expiration: N/A
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: The company is geographically positioned to several Local and Nationwide, State, Fortune 500 companies, and Federal Government agencies. The company has two offices in Maryland and North Carolina.
Competition: There are some other competitors in this segment of industry. However, this company performance from clients has been routinely outstanding resulting in repeat business. They have over (35) experienced employees including Management/Supervision as well as skilled trades, crafts, and labor personnel. They are a major player in DC Metro area with great exposure nationwide.
Growth & Expansion: This Company has high security clearances and this is a valuable asset to allow work in other segment of government agencies which requires high level of security clearance. Current company’s strong position, experienced staff, significant referral, and especially given the proven track record of successfully completing many Government and Fortune 500 projects make future growth easier than ever. The business can grow with its nationwide presence. This business has limited bonding capacity, this has prevented the company to secure larger size contracts.
Financing: 40% financing to qualified buyer
Support & Training: Owner and management will provide extensive training to buyer during transition period; they are willing to continue working with buyer on mutually agreed term.
Reason for Selling: Owners wish to retire in 2-3 years, they are willing to work after closing.
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