Residential & Commercial General Contractor In Mid Ohio For Sale

Business description

General Contractor Columbus Ohio Residential(60%) Commercial (40%) Good Reputation For Sale

Diversified General Contractor servicing the Commercial (light)
Residential needs of the Columbus, OH and contiguous areas
driven by the young owner's drive for excellent customer
service and quality craftsmanship. The company's revenue
performance is as follows: 2005: Founded; 2006: $795,067;
2007: $912,052; 9009: 984,776; 2009: $993,351; 2011: 1,040,199. It is worth noting however that as of mid-February 2011 the owner has jobs worth $430,480 under contract or completed in 2001; jobs worth $872,856 under firm bid with reasonable expectation that they would go into contract; and jobs worth $199,470 under bidding (all this amounts to about $1.5 million).
The Seller would like to stay in the business on a sales capacity and on part time basis. The reason for selling is that he wants to spend more time on his family and personal matters. The company services
its territory as a general contractor undertaking a variety of
Residential ( about 60% of its business) and Light Commercial
(about 40%) jobs including laying concrete and some
landscaping work. The Owner has surrounded himself with a quality
team of conscientious workers including a manager who
would be willing to stay in the business.
====================================== Enterprise
Development Resources, Inc. is neither a Broker-Dealer nor a
registered Investment Adviser. Where applicable, securities
transactions are conducted by Reliance Worldwide
Investments, LLC, member FINRA, MSRB, and SIPC

Property information

Real Estate:

Lease

Lease terms:

Flexible at this point in time.

Living accommodation:

Not Applicable.

Location:

This is a relocatable business as long it is within the general area serviced by the business.

Premises details:

The Selelr is basically running the business now out of his home and uses his barn for storning his equipment and 2 trucks.

Planning consent:

Not Applicable.

Business Operation

Expansion potential:

It is up to the owner of the business to drive the growth. The Seller built this business to where it is since 2005 after having started and sold another business. It is worth noting however that as of mid-February 2011 the owner has jobs worth $430,480 under contract or completed in 2001; jobs worth $872,856 under firm bid with reasonable expectation that they would go into contract; and jobs worth $199,470 under bidding (all this amounts to about $1.5 million).

Competition / Market:

The General Contractor's market has plenty of competition in which the participants providing quality service in a consistent and price competitive way tern to thrive.

Reasons for selling:

Seller wants to devote more time on his religious duties and studies.

Trading hours:

Normal with some occarional weekend work as it might be required under the circumstances.

Employees:

4 key employees plus occasional labor.

Years established:

2005

Other information

Support & training:

Seller will train as necessary. In addition he would be willing to stay on a longer term basis in a sales capacity under a mutually compensation arrangement with the Seller.

Financing available:

The Selle may consider some financing depending on the terms of the sale contract and the credit worthiness of the Buyer.

Home based:

This business can be run from home.

Relocatable:

This business can be relocated.