Niche Specialty Contractor Servicing Coastal Resort Area

Kitty Hawk, NC (Dare County)

Seller Financing Available
Niche Specialty Contractor Servicing Coastal Resort Area

Asking Price:$925,000

Cash Flow:$375,000

Gross Revenue:$1,475,000

EBITDA:N/A

FF&E:$125,000

Inventory:$15,000

Established:2005

Niche Specialty Contractor Servicing Coastal Resort Area

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Business Description

Premier specialty contractor located in one of the top coastal resort areas on the east coast. Good mix of residential and commercial clients. Easy to run. Currently run semi-absentee with experienced and respected manager in place and willing to stay with new owner, if desired. Manager has over 20 years direct industry experience and currently performs all sales, estimating and management functions.

The business currently does very little advertising, choosing to rely almost exclusively upon referrals and repeat business. The company has continued to grow year after year, has become the largest company of its kind in the area and has established long term relationships with a vast majority of the region s top builders and developers.

The business has consistently invested in training and technology, staying well ahead of the competition. For an existing construction company, this is a great strategic acquisition opportunity to immediately purchase a predominant established specialty trade contractor with modern technology and capitalize on the long term goodwill, reputation and client base. SBA pre-approved for a buyer with construction and/or management experience.

Detailed Information

Inventory:
Included in asking price
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Centrally located office warehouse.
Competition:
Limited competition.
Growth & Expansion:
Existing owner does nearly no marketing or advertising. In addition, several additional product lines are available from existing suppliers and could be added to the company's offerings.
Support & Training:
Seller willing to provide generous training and consultation post-sale.
Reason for Selling:
Seller owns another successful but unrelated business and wants to simplify.

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Jeffery Baxter

Business Listed By:
Jeffery Baxter

MidStreet Business Sales

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