MergerPlace

Commercial Builder/General Contractor

South Dakota


  • Asking Price: $2,500,000
  • Gross Income: $20,536,081
  • Cash Flow: $899,714
  • Real Estate: Not Disclosed
  • Inventory: $23,021
  • FF&E: $1,000,000
  • Listing ID: #215814
  • Established: 1990
  • Employees: 10 FT/ 0 PT

Business Description

A well respected Midwest area commercial builder and general contractor is available. The company is well known for its high quality commercial buildings and industrial projects. Over the years the company has built a very loyal following of customers and subcontractors. Their employees are extremely dedicated with many years of longevity. The company has never laid-off an employee because of lack of work. This company has developed a specialized niche for being the premier builder of a particular type of building for decades in the area. This company is built on integrity and honestly and has built hundreds of commercial buildings in the area.


Business Details

Primary Business Category: Contractors - Special Trade
Location: South Dakota

Company Information

Year Established: 1990
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 10 FT/ 0 PT

Financial Information

Asking Price: $2,500,000
Gross Revenue: $20,536,081
Cash Flow: $899,714
FF&E: $1,000,000
Inventory: $23,021
Seller Financing Available: No

Property Information

Facilities:

The company has an office building, shop and yard in a convenient location.

Growth & expansion opportunities:

The Midwest area is experiencing strong growth. Past building experience includes banks, retail, office, religious facilities, schools, medical facilities and some government work. Because of their reputation and history, the company is able to be selective with their bids, along with the type and amount of work they take on. This is a great opportunity to build your legacy. The owners are very willing to help you in the process.

Competition:

In this industry your reputation is everything. Since the company has a very strong and long-standing reputation and works well with its customers, sub-contractors and competitors it has no problem bidding and obtaining jobs. It will be important for the buyer to maintain such a reputation. Retention and treatment of current employees will be of the utmost importance to the Sellers.

Reason for selling:

Owners have reached an age and level where they would like to pursue other interests.

Support & Training:

Will train for 8 weeks @ no cost. A strong back ground in construction management would be important. Clean work sites and safety on the job is extremely important to this company, as a result they have a great safety record and a very low insurance rating. In addition to the typical state and federal business licenses, some industry specific licenses are required.

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Business Listed By:

Calvin Breske

Murphy Business Brokers