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Southwest Ohio

  • Listing Number: 223-20842

  • Category: Construction, Miscellaneous, Service - Commercial B2B

Asking Price $1,000,000
Down Payment $800,000
Gross Revenue $3,870,000
Total Adjusted Net Income $523,000
Equipment / Fixtures $46,000
Year Established 2005
General Location Southwest Ohio
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For sale for $1.0M, an established 15 year, very profitable and well-run commercial construction company. Located in the greater Cincinnati area. 2021 revenue trend is approx $3.9M with $523K in seller cash flow. 2020 combined revenue was more than $5.8M despite the COVID shutdown of 2 months. Pre-COVID revenues were $8M and up. Seller is ready to retire to pursue other interests but is willing to stay on to train the right buyer. Seller will also consider some seller financing for the right buyer. 4100 SF of leased office space and warehouse space centrally located minutes from a major highway. Services include subcontracting, heavy/civil and commercial building. Piling/H-piling, earth work, furnishing and related services, excavation & backfill, finish carpentry, doors and hardware, ceilings, concrete repair, structural steel and piping round out the specific types of work this company has been doing very well for nearly 2 decades. Customers include Educational, Institutional, Universities, Health & Life Science, Hospitals, & Government facilities.

Gross Revenue $3,870,000 Listed Price $1,000,000
Total Income $523,000 Down Payment $800,000
Base Rent $1,600 Square Feet 4100
Total Rent $1,600 Lease Expiration 12/2021
Rent Deposit Lease Options 1 Year
Inventory $15,000 Leasehold Improvements $0
Equipment / Fixtures $46,000 Other Assets All hand tools, saws, ladders, scaffolding platforms, office furniture, equipment and office PC's.
Full-Time Employees 9 Training Period 30 Days
Part-Time Employees Special License Required Yes - Contractor Registration Certificate
Contract Staff Reason for Selling Owners ready to retire.

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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