TX G.C. for Gov’t Agencies, Universities & Hospitals (37506)

Financial & Assets Details

About the Business

Business Description

Company is a general contractor providing major and minor construction projects for commercial customers, government agencies and universities. Projects have included parking garages, building renovations, new construction, and expansions. Additionally, the company does commercial drywall and acoustic ceiling installations. The Company operates from a 7,636-square foot facility in Texas, which it owns. Offering these services requires a facility with warehouse and office space, a fleet of vehicles and personnel with industry experience. The seller will lease or sell the property to the buyer. Company has a proven track record, supported by almost 70 years of ongoing business. With its broad range of services, the Company’s marketing efforts focus on targeting municipalities, industrial firms, and commercial enterprises. Revenues have been increasing after the pandemic. As a result of temporary health issues and COVID, revenues declined as compared to years prior to the pandemic. As the business continues to rebound with Total Revenues of $4,693,000 in 2022, and Net Income of $538,000. The significant number of available projects provide the buyer with an opportunity to increase the multimillion-dollar revenues and net income. With its large customer base and solid reputation, the Company continues to attract new customers while maintaining its reputation with existing ones. Large projects are already contracted and underway this year.

Seller Financing

Financing can be negotiable for the appropriate buyer.

Location Details:

Included Inventory varies per project.

Support & Training

The owner will be available for transitioning. A management team is in place and the employees will stay on after the sale.

Reason for Selling:

Approaching retirement and/or pursuing other interests.