Specialty Commercial TI Contractor, $7.282M sales, $683,178 DE

Exceptional specialty TI contractor, established over 40 years provides commercial TI services with $7.282 million in sales, $683,178 DE is offered for acquisition with SBA financing.  The business is pre-approved for 15% down with SBA financing for qualified buyers.

The company performs specialized TI work for high-end commercial and gov projects in a highly specialized niche of construction work.  The company has been established for over 40 years with steady sales between $6 million and $8 million per year.

Summary:

• Offered at $1.575 million + A/R
• Established over 40 years
• $7.282 million Revenue
• $683,178 DE
• $284,223 Down w/SBA Financing

Staff:

• VP of Operations
• Field Supervisors
• 18 Journeymen
• Office Manager
• Accountant
• Fractional CFO

Buyer Skills and Requirements:

The current owner is minimally involved in daily operations as the company has a highly experienced VP of Operations overseeing day-to-day management and a fractional CFO managing the company’s finances. The owner’s role is primarily focused on general oversight.

Although the owner is a semi-absentee, this is not considered a fully absentee ownership opportunity. The buyer will need a solid understanding of construction and must be able to learn the technical aspects of the business. This is not a passive investment.

SBA lenders will require the buyer to obtain their own contractor license within a limited period of time of purchasing the business; therefore, all inquiring buyers utilizing financing must demonstrate a plan for licensure independent of the owner and/or the business’s present employees.

Reason for Selling:

The owner is retiring after over 40 years of owning the business.

Inquiries from principals only