Commercial General Contracting Firm Highly-ProfitableNew Engagement
This is a highly profitable commercial general contracting firm for sale. It is a well-established, family owned company. For over 60 years they have provided a wide range of construction, electrical, and pipe fitting services. These services include iron work, sheet metal, and concrete solutions. They also provide various architecture and carpentry services along with machine operation, mechanical and industrial solutions. Additional income comes from crane rentals.
The business originally started out providing residential services. However, as the company grew, the focus shifted. The company now focuses solely on commercial construction. Consequently over the years, they have built up and maintained numerous well-known, large clients. Many of these clients have been on contract for over a decade. Its location also makes it easy for the business to bid on jobs in a Tri-State Area.
With new ownership, the growth of this commercial general contracting firm is virtually unlimited. An excellent brand, experienced workforce, and vast equipment capabilities have made the business successful. This is an excellent strategic or synergistic acquisition for an existing general contractor
The real estate is owned by the Seller. It is one full city block and includes a main facility of approximately 300,000 square feet. There are also additional storage buildings and a large lot used for equipment. The real estate is also available for sale at fair market value.
Due to the unique nature of this business and the variety of acquisition structures that the Seller is willing to entertain, it will be assumed that the Purchaser, and/or advisor of Purchaser, will possess sufficient financial sophistication to determine value and submit a purchase offer. The sale includes FF&E with a book cost of approximately $5 million.