Price: $7,200,000
Location: Southeastern Michigan
Industry: Specialty Commercial Trade Contractor
Listing ID: 181220BS
Status: New
Listing Description
Many Opportunities for Growth & Expansion
This highly profitable company provides specialty contracting services for remodeling and/or upgrading commercial building projects for large institutional and institutional related businesses. The buildings are general purpose buildings, and special purpose buildings with highly specialized components in healthcare, education, government and research & development facilities.
This outstanding “Niche” business is the epitome of an over-the-top specialty business. The success of the enterprise is based upon an exemplary reputation and the unmatched technical skills of their installation team along with a substantial level of repeat customers. The results clearly define this company as one with outstanding profit margins and a highly skilled workforce with very low turnover. The employees are well trained, are paid above industry standards; the resulting payoff is the best-known brand in their market with a reputation of delivering on time and on quote. This “AAA+” reputation has allowed them to
The company completed another successful year with revenue of over $11,700,000 and EBITDA of $1,600,000.
With more than 25 years of success, a new owner can direct the company forward to see continuous growth. The company has started 2023 with over $8,300,000 of contracted business revenue!!!
Listing Details
Total Sales: $11,735,196
EBITDA: $1,559,899
FFE: $386,265 (Included in Price)
Real Estate: $1,450,000
Terms and Conditions?:
Seller willing to consider some seller financing.
Reason For Sale:
Owner wish to retire
Training & Support:
Owner willing to transition the business to new owner, including client introductions.
Operation
Year Established: 1998
Days & Hours of Operation: Monday - Friday
Employees: 40
Location
Lease Option: Available for Purchase or Lease
Monthly Rent: 12350
Type of Location: Monday - Friday
Square Footage: 19300
Relocatable?: Yes
Facilities Information:
Standalone Commercial Building
• 19,300 square feet, located on 0.59 acres (150’ x 270’)
• Office – 2,545 square feet
• Shop Office/Mezzanine – 1,490 square feet
• Shop/Loading Dock – 15,265 square feet
Summary
Competition:
Very limited direct competition.
Potential Growth:
Several opportunities for growth by adding new service & product offerings, adding sales professionals, become a member of a purchasing group used by educational clients, and expanding into new geographic areas.
Financing/Terms:
Seller willing to provide some seller financing.