High-Growth Company in the Construction Industry - Dynamic Growth
Financial Information
- Asking Price: $975,000
- Gross Revenue: $2,864,000
- Cash Flow: $430,000
- Down Payment: 0
- FF&E (Not Included): N/A
- Inventory: N/A
- Financing: No
Business Location
- Knoxville
- Tennessee
Since opening in 2009, this company has seen strong and consistent growth year-over-year. They have a tremendous reputation amongst regional building contractors which has significantly increased its commercial contracts. Their commercial business makes up roughly 75% of their overall business with the other 25% coming from residential business. They currently have several large commercial contracts that will transition with the business sell. From 2016 to 2018 alone, they have grown by more than 59% and are currently on pace to grow another 15%+ in Revenue from 2018 to 2019. Revenue for 2019 is on pace for around $4M+. Over that same period of time, Seller Discretionary Earnings have grown as a result of Revenue with 13.4% net margins in 2018. Seller Discretionary Earning for 2018 was nearly $506K.
Support / Training Comments
The seller is willing to train and transition the purchaser for a mutually agreeable period immediately following closing to ensure a smooth and seamless transition. Seller is willing to sign a non-compete, and is selling with the intent to retire.
Reason For Sale
The seller is willing to train and transition the purchaser for a mutually agreeable period immediately following closing to ensure a smooth and seamless transition. Seller is willing to sign a non-compete, and is selling with the intent to retire.- Home Based: No
- Year Established: 2009
- Franchise: No
- Willing to Train: Yes
- Relocatable: No
- Required Licences:
- Is Property Leased: No
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: N/A
- Fulltime Employees: N/A
- Part time Employees: N/A
- Is Management Staying: No
- Distressed: No
- Monthly Payroll: $0
- Monthly Rent: N/A