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$653K Cash Flow on $7.9MM Gross; Tremendous Opportunity; 30 yr old Biz

Greater Denver Area, Colorado (Denver County)

Services - Other Miscellaneous services | Construction - Special Trades

Asking Price $1,850,000 Inventory  
Gross Income $7,900,000 Real Estate  
Cash Flow $653,000 Year Established 1978
FF&E $100,000* Employees 60

* included in the asking price

** not included in the asking price

Specialty Commercial Contractor in metro Denver. 60 highly trained, legal and loyal employees. Established 30 years! Excellent Reputation. Work in Progress over $4.6MM transferred to new owner. Sale includes $350,000 in Working Capital + $100K in equipment. Exclusive relationships with manufacturers and suppliers = lower cost and higher margins on 70% of the jobs we do. High % of negotiated work vs. hard bid. Demo work and recycling new trend (mandated by local governments) which has 60% margins; NO ONE has tapped this market yet competitors are coming here for their demo and recycling needs. Very distinguished client base and project history = Convention Centers, Denver International Airport, 5 major school districts (100+ schools), hospitals/medical centers, banks, restaurants, retail, recreation centers, gaming facilities and many large regional and national General Contractors and Const. Companies. If you ve been to Denver you ve probably seen our work. Revenue not subject to construction booms and busts majority of work retrofit or remodel on a regular, recurring and predictable basis. Business one of only a few in the area that can get jobs demanding a large, highly skilled work-force. Only 2-3 true competitors in Colorado; NO RESIDENTIAL WORK. Sales have been at $7-8.5 MM for the past 6 years; Cash Flow has continued to increase substantially during this time. Many opportunities for expansion and increasing operational efficiencies. The sellers are high-school educated former installers and do not have the skills to grow the business further. A buyer with business/management/sales background could easily double the business in 2-3 yrs (in the current facility). Commercial Construction is a very strong industry in CO. No direct experience or license needed. The tremendous growth in Colorado provides very high demand for this specialized work. Call 303-382-1915 for all info.

Facilities: 4,500 sq ft office space (updated and very functional) with adjacent 14,000 sq ft warehouse. Room for growth in existing space if desired and adjacent space available for future expansion; very good lease terms with easy-going landlord. Centralized location in Denver; 1,000 ft from I-25 and minutes from I-70 and 470 frwys. Easy access anywhere in the metro area and up and down the Front Range. Ample parking and well secured site. Business owns equipment unique to the industry for specialized projects. New recycling center on-site. All included in sale.

Competition: No competitor can match our on-demand workforce, expertise, and diverse service offering. In fact, our competition occasionally hires us for the expertise and services they are incapable of providing. Our client base is very diverse; protecting us from any down-turn in one sector. Much of the work is repeated every 4-5 years, giving the business great stability and predictability. Our client relationships are very strong and dependable and margins are well above average. OUR JOBS ARE 90% NEGOTIATED; RARELY DO WE HARD-BID.

Growth/Expansion: We have never advertised or marketed our services. Existing clients date back for years. New clients & expansion are low hanging fruit, just need to be solicited. Current owners feel that business needs to go to the next level by selling to a new owner with business mgmt/sales & marketing skills; business can easily double or more in 2 yrs. Business is poised for expansion into new areas of this industry that are considered to be unique offerings. Tenant and interior finish in Colorado is very strong despite lag in National economy.

Financing: Seller so confident in future success; will carry a 1/3 of the purchase price!

Support/Training: Sellers will stay on and are committed to a smooth transition; which is evident through their willingness to carry 1/3 of the sale price. The company has been around for 30 years, it will continue to thrive and grow with a business-minded owner . The 11 key employees have average tenure of 8 years; they run the company now and will gladly stay on with the new owner.

Reason Selling: Ready to chase new opportunity, been in business since high school

AD # 386592

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