Construction - Special Trades | Electric, Gas, Water, Sanitary Services

$Seller Financing Available

Asking Price	$8,500,000	Inventory	$16,000*
Gross Income	$14,600,000	Real Estate
Cash Flow	$3,433,000	Year Established	1985
FF&E	$312,000*	Employees	80

* included in the asking price

** not included in the asking price

Company revenues are approx 100% from sub-contracting to large commercial and industrial GC's and construction management firms. In recent years the bulk of the firm's business has been derived from servicing approx. 10 -15 major customers per year. Over the years, however, the company has done business with all the major firms in the region and state. Although licensed in several southeastern states, the company chooses to focus on Florida only. Owner currently works about 20 hrs/wk; duties include: high-level trouble-shooting and decision making. Approx 19 of the 80 employees are considered key- project mgrs, Estimators; office/accounting personnel; and job site supervisors.

Facilities: Operations are headquartered in a light industrial office park, located in west central Florida. The facility is very clean, professional and modern. Non-depreciated value of all FF&E as of 11/30/2008, not including the building, is approx $625K. Based on balance sheet depreciation, assumption is made that net depreciated value is around $312K (half of Book Value).

Competition: Company has strong reputation built on professionalism and performance, setting it apart from many of the competitors.

Seller Financing Available: Yes

Financing: Owner may consider portion for well qualified buyer.

Reason Selling: Retiring