37333- Commercial Property Improvement Services
For Sale in TX
Financial & Assets Details
About the Business
Business Description
This general contracting business located in Southeast Texas near Houston specializes in all phases of construction from permits to completion throughout Texas and now Oklahoma. The business revenues come from commercial tenant improvements and build-outs, often for franchise facilities. The company has seen good growth this past year and, as they are approaching retirement, don't have the energy for further growth knocking at the door. Simply accepting these bid invites and hiring additional employees could lead to significant growth for a new owner. As no marketing efforts are being made and all residential work is being turned away as well, there are several opportunities for growth. For the past decade, this company has built a strong relationship with a nationally recognized tax preparation firm. Financial figures represented are 2016 year end projections.
Update projects are being arranged for several companies throughout 2017, which should prove to be financially beneficial to this general contractor. Assets are kept in an "as needed" basis, offering a new buyer a company with a low overhead. The standard duties of the owner include bids, bookkeeping, reconstructions and being the working supervisor on projects. Call now for more information about this lucrative Texas builder for sale. This Texas contracting company has been in business since 2007 with the current ownership. With management in place, this company could be operated in a hands-on or absentee fashion, giving the owner the ability to enjoy a flexible schedule and as much control of business activities as desired. Owner financing may be negotiable for the right buyer. Please contact IAG for full details, including location specifics.
Seller Financing
Negotiable for the right buyer
Location Details:
This is a home based business. Valued at $2.3M, property is available for purchase. With over 17 acres, the fully fenced area features a house, shop, warehouse with road frontage, and more. The current owners lease out various parts of the property. Inquire within.
Support & Training
5-6 contractors will most likely stay on after the sale. The owners will be available for a reasonable transitioning.
