$4,500,000.00
Description
Sold! – well-established multi-trade construction company for sale
PRICE: $4,500,000
INDUSTRY: CONSTRUCTION
LOCATION: ARIZONA
Listing Description
The subject company is a well-established and successful residential and commercial drywall and paint company with an excellent reputation, strong relationships, and a long successful history in the Arizona market.
The company’s primary focus is drywall and metal studs. Approximately 64% – 69% of the company revenue is driven by this division. The owner estimates the revenue to be 65% commercial, and 35% residential. The Paint division is approximately 23% – 29% of the company revenue, with estimated revenue to be 30% commercial, 70% residential.
This diverse model has allowed the owner to capitalize on overlapping opportunities and cross-sell in lieu of leaving revenue on the table. This approach has proven to be successful over many years in keeping a consistent top line.
The company has seasoned and well-trained management in place for each division, as well as ownership that is willing to participate in a transition. Additionally, there are tremendous growth opportunities to diversify into ancillary services if the successor would like to increase revenues.
The asking price for the company is $4,500,000.
Listing Details
Asking Price: $4,500,000
Gross Income: $10,205,375
Down Payment: $4,500,000
Cash Flow: $1,196,091
FFE: $350,000 (Included in Price)
Reason For Sale: Retirement
Training & Support:The seller is willing to train, the time frame is negotiable
Operation
Year Established: 20 + Years
Days & Hours of Operation: Monday – Friday
Owner Hours Per Week: 40
Employees: 80+
Location
General Location: ARIZONA