Profitable General Contractor in CNY

Description

This highly profitable general contracting construction business offers the following services: 1. Design/Build General Contracting 2. Home Improvements and Home Additions 3. Commercial Construction Projects This business, which is recognized for its expertise in all phases of a construction project, is highly respected in its industry and is well known for the excellent customer service it provides. Because the company has a solid reputation as a reliable business partner it is a preferred contractor on the "Bid List" of several well established architects. The buyer of this business will inherit valuable Work-In-Progress and Work-Backlog assets. That said, as of January 31, 2024 the company has approximately $275,000 of Work-Backlog jobs to be started. The business comes with a well trained and experienced staff. Most importantly, this business brings to the table a proven track record of success. Its year to year cash flow is strong, and the owner enjoys a good, consistent profit margin. In short, the seller's objective is to turn over the operation of the business to another general contracting firm, or to an individual with experience in the construction industry and a drive to continue growing the company.

Listing Details

• Listing Number: 11421-253941
• Location: Onondaga County, New York
• Price: 1,200,000.00
• Down Payment: 1,000,000.00
• Sellers Discretionary Earnings: 370,000.00
• Category: Construction


• Inventory: 50,000.00
• FF&E: 50,000.00
• Employees: 13
• Years Owned: 10
• Reason for Selling: Retiring and New Opportunities