50 Year Old Construction Company/$40M Gross Rev/$1M EBITDA

Collin County, TX

Seller Financing Available
50 Year Old Construction Company/$40M Gross Rev/$1M EBITDA
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Asking Price: $2,995,000

Cash Flow: $1,000,000

Gross Revenue: $40,000,000

EBITDA: $1,000,000

FF&E: $5,000

Inventory: $5,000

Established: 1985

50 Year Old Construction Company/$40M Gross Rev/$1M EBITDA

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Business Description

50 Year Old Construction Company/$40M Gross Rev/$1M EBITDA

50 Year old, extremely reputable commercial construction company for sale! Owner is ready to retire and just looking for the right buyer to take over the business. Owner is willing to transition the right buyer for 6 months to a year. Buyer should have some construction knowledge and/or experience.

Detailed Information

Inventory:
Included in asking price
Employees:
17
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Leases a 3,000 sq ft office building with a 3 year transferrable lease.
Competition:
Strong reputation over several decades for completing work on time and on budget which gives them an advantage when bidding on jobs.
Growth & Expansion:
With the right new owner this company can be scaled. Plenty of scheduled jobs on the backlog which can be started and/or completed during the transition period.
Financing:
Small amount of Seller Financing if needed
Support & Training:
Employees are tenured and contractors are vetted and have been used by the company for years. Owner will stay to transition for 6 months to a year and employees are knowledgable and tenured. They will stay with the right transition plan.
Reason for Selling:
Owner wants to retire.
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(from currently available funds)
 
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Michael D. Rubin

Business Listed By:
Michael Rubin

MDR & Associates

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