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Apr 12, 2016 — Seller is an accomplished Field Supervisor professional – and he will stay on for a 1 to 2-year transition period. Buyers with a Construction background are preferred but strong Business Management expertise is essential.
This Contractor has a sales average of $2,454,000 per year and an average Seller’s Discretionary Earnings of $660,000 the last 3 years. Over the past 16 years this business has developed a solid commercial customer base with large General Contractors, Building Management companies as well as Real Estate Developers. This core customer group represents a high percentage of the sales: generally on projects of 2-3 months. This business has no debt, A+ collections, good margins and generated a sales increase through every year of the recession.
With a solid base this is a recession-proof offering with a vast upside by concentrating on their cast-in-place niche: sidewalk, floor, parking lot and foundation contract work.
Substantial Seller Financing to Qualified Buyers