General Contractor: Metal Buildings and Roofs (37709)
ConstructionFor Sale in AR
Financial & Assets Details
About the Business
Servicing a 50 mile radius south of Little Rock, Arkansas, this well-established company specializes in general contracting services with a focus on steel buildings. In addition to building construction, the offer metal roof retrofits, often need after storm damage. Their primary clients include commercial and federal government entities, each representing 45% of sales. The other 10% of revenues come from Municipal and residential clients. While 2019 had sales of $1,325,000 rounded, over the last year, revenues have increased over 60% and they are projecting $2,000,000 in 2020 with Discretionary earnings over $145,000. Their 4,000 square foot facility features office space and a large storage area. While the current owner would like to sell the facility as well for approximately $150,000, a lease is negotiable. These strong sales come naturally through their 20 year reputation and word of mouth. Expansion opportunities exist by increasing marketing efforts and getting more involved in bid work. In addition, with up to $400,000 working capital negotiable, the new owner can get a running start, to take this business to the next level. With key roles of pricing and directing, the seller could remain for a needed transition period of 6 months, or more if needed. Additionally the experienced field team would like to remain post purchase, including 5 nonunion employees with the foreman. Additional contractors are hired for increased or larger projects.
Financing can be negotiable for the appropriate buyer.
Negotiable Working Capital of $400,000 is available outside of Asking Price!
Support & Training
Owner Transition period of 6 months.
Reason for Selling:
Approaching retirement and/or pursuing other interests.