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General Contracting Services business-profitable and affordable.

Upstate, South Carolina (Spartanburg County)

Construction - Building | Construction - Special Trades

Asking Price $475,000 Inventory $0* 
Gross Income $2,010,293 Real Estate Lease* 
Cash Flow $281,696 Year Established 1991
FF&E $10,000* Employees 2

* included in the asking price

** not included in the asking price

This business has had 15 years successfully serving the general contracting services market in North and South Carolina. The company has average cash flow over the past three years of almost $200,000 a year to the owner. The first three months of this fiscal year reflect net income of $120,000. This company specializes in commercial, industrial negotiated projects and is acknowledged for its track record of excellence and on-time performance. Annual sales of $2 million to $3 million position the business with a firm foundation to build sales in this market of $5 million to $20 million per year. The founder/owner would be available for extended transition/expansion of the business.

Facilities: Contractor leases office space and a little warehouse facility. Lease is coming up for renewal and is available. Location is fenced in and secure.

Competition: After 15 years the seller recognizes competition but is always confident that this company has created a niche in the general contracting market that the business is comfortable and secure. A long term commitment has been recently secured with a reliable customer.

Growth/Expansion: The Seller is confident a buyer can profitably expand this business. The current owner caters to a small segment in the contracting market but feels that the company could expand into a broad array of industrial contracting services for the automotive related industries in the area. BMW manufacturing is located nearby and a variety of industry that support this large manufacturing facility. The upstate of South Carolina is a rapidly growing commercial market.

Financing: Tbd

Support/Training: The seller will assist for a transition period of four weeks. Further services shall be negotiated with buyer.

Reason Selling: Retirement

AD # 239446

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