Metal Framing Commercial Contractor With Strong Growth

Description

Forty-three year old business with proven track record and over 50 employees providing specialty trade metal stud framing, drywall, taping, insulation, and painting services for commercial applications. Revenue growth has been 14% for the 3 years leading up to COVID, reaching $6.1MM with adjusted EBITDA of $4.2MM. YTD July 2023 revenues at $3.6MM with $630k adjusted EBITDA, and revenue forecast of $6.2MM and $1.1MM adjusted EBITDA. Post-COVID recovery has been strong and future growth remains promising despite rising costs of materials and labor. Company operates out of a 5,000 SF facility with lease expiring end of 2022 including 2 three-year renewal options. Demand for company's services is strong, driven by a thriving Phoenix metro economy.

Listing Details

• Listing Number: 6953-952939
• Location: Maricopa County, Arizona
• Price: 4,300,000.00
• Down Payment: 430,000.00
• Sellers Discretionary Earnings: 1,314,987.00
• Category: Construction


• Inventory: 140,000.00
• FF&E: 300,000.00
• Employees: 50
• Years Owned: 43
• Reason for Selling: Other business interests