17601 – Construction and Contracting with Government Contracts
ConstructionFor Sale in KS
Financial & Assets Details
About the Business
This fast growing, multi-million dollar, relocatable company operates from its headquarters in Kansas. The long-standing, professional contractor provides repair, remodeling, maintenance, and construction services to recurring customers, primarily in Kansas and Nebraska. Their primary services include general remodeling, site repair, and minor construction services including flooring, cabinetry, walls, and modifications. These contracts have covered the state of Kansas and Nebraska however, there have been jobs in other states; the new owner would do very well by expanding the service area. Unique to this business are its recurring government contracts, allowing predictable, steady, and growing revenue year after year. With contracts in place, there’s approximately $20,000,000 of guaranteed revenue over the next five years. Over the past few years, they have been growing exponentially due to increased demand from recurring contracts, which provides ample room for opportunity in expansion, increased profits, and growth to other markets as well. The company completes approximately 60% of the work with local subcontractors and the remaining work through internal staff members. The company leases a portion of private property. While a lease may be negotiable for the right buyer, relocation would be very easy. In 2018’s fiscal year, the company’s total gross revenue was $7,933,225, with Seller’s Discretionary Earnings of $1,436,806. The company continues to have strong revenue growth and profits year after year and shows no sign of slowing down with 2019’s autumn year-end projecting over $10,700,000 in sales. Pre-approved for SBA 7a financing!
Financing negotiable fro the right buyer.
Support & Training
Reason for Selling:
Approaching retirement and/or pursuing other interests.
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