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UNDER CONTRACT: Specialty Building Trades Business & Real Estate

Albuquerque, NM (Bernalillo County)

UNDER CONTRACT: Specialty Building Trades Business & Real Estate
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Asking Price: $4,750,000

Cash Flow: $509,357

Gross Revenue: $10,443,013

EBITDA: N/A

FF&E: $2,298,244

Inventory: $49,897

Real Estate: $2,500,000

Established: 1925

UNDER CONTRACT: Specialty Building Trades Business & Real Estate

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Business Description

The Region’s Market Leader for Over 90 Years

From its 31,175 SF manufacturing facility and offices in Albuquerque, this full-service business designs, fabricates and installs high-grade custom finish work and architectural appointments. It dominates the commercial and institutional markets for a 300-mile radius. No other regional competitor operates at its scale, technological advancement, or workforce sophistication. Investments in automation allow it to deliver projects on time and in budget. Its work takes it throughout New Mexico, West Texas, Southern Colorado, Colorado’s Western Slope and into eastern Arizona. Off-the-shelf proprietary products are shipped throughout the U.S.

New owners will take over a business that is consistently recognized as one of New Mexico’s leading manufacturing businesses. You will enter the market as commercial construction is on a strong growth trajectory. The company has booked jobs for 2019 totaling over $1,700,000 in gross profit, and sales grew by 14% between 2017 and 2018.

The business generated over $713,890 in cash flow in 2018 after property rent expenses were added back. Over $1,976,500 has been invested in shop equipment and technology, including $496,000 in the last two years alone. New owners will inherit a ¬fleet of 19 company vehicles and trailers. The inclusion of the state-of-the-art facility offers attractive financing scenarios.

Detailed Information

Location:
Albuquerque, NM
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
31,175
Employees:
55 FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
New owners will take over a multi-million facility fully equipped with advanced technology and equipment. It enjoy a convenient location in Central New Mexico with access to I-25 and I-40.
Competition:
Founded in 1925, this business is consistently ranked as one of New Mexico’s marquis manufacturers. With numerous industry recognitions, it enjoys strong relationships with the region’s major commercial construction firms. Ongoing investments in technology, equipment and training are difficult to replicate, presenting a strong barrier to entry. The recession of 2008 effectively eliminated what competition there was and strengthened its market position
Growth & Expansion:
Continuing the focus on training, investment and strong financial management represents the best opportunities for increasing the profitability of this business.
Support & Training:
The Seller is dedicated to providing a smooth transition to new owners. An experienced management staff, finely-tuned systems and optimized processes will support new owner’s ongoing success.
Reason for Selling:
Retirement
Business Website:
http://www.samgoldenberg.com
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Michael Greene

Business Listed By:
Michael Greene

Sam Goldenberg & Associates

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