Details
| Asking Price: |
$2,800,000 |
| Annual Sales: |
$4,300,000 |
| Cash Flow: |
$1,100,000 |
| Inventory: | $15,000 |
| FF&E: | $980,000 |
| Real Estate: | Lease |
| Employees: | 35 FT |
| Location: | Colorado |
| Reason For Sale: | Retirement |
Business Description
Commercial specialty trade subcontractor with long-standing repeat clientele and verifiable recession resilience. Multi-year growth trends and strong profit margins continued through 2023 and are forecast for 2024. Currently $1.6M in backlog and $2M of weighted pipeline work are in place, combined these represent over 80% of 2023 revenue already booked for 2024!
In addition to standard commercial and multi-family work the company has established itself as a select performer of its trade for corporate franchise clients. This extremely robust market provides consistent building and remodeling work through varying economic conditions. A long history of client relationships, successful project execution and very little competition with the same capacity provide predictable sales outcomes and future revenues.
A tenured team of management and trade level employees are in place. Key operating assets valued at $980,000 are of high quality and include a recently upgraded fleet of trucks and equipment.
This business is ideal for a buyer who seeks to apply executive leadership to a blue-collar trades business. The training/handoff period will include establishing relationships between the buyer and key clients. A sales and estimating role would be considered by the Seller for an extended period if desired by new ownership.
Solid backlog and pipeline, a fantastic reputation, high quality operating assets and a tenured team make this company a great platform for new ownership success.
Represented by Tre Scott. Tell me more about this business.
Disclaimer: All information contained herein has been provided by the subject company, or its agent, to Front Range Business, Inc. (FRB); and while believed to be correct, said information has not been verified. AccordingTell Me More About 2801 Interior Design, Staging And Remodeling Company ly, FRB makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that FRB shall not be liable in any way for any loss or injury suffered by said recipient in connection with the delivery by FRB of this information. At all times, FRB is an agent for the seller and not for the buyer, unless a specific agreement exists for FRB to act as the buyer’s agent.