Building and Construction Business for sale in 0 Central New Jersey New Jersey

Cash Flow Rich Commercial Electrical Contractor

Location : New Jersey -Central New Jersey

Category : Building and Construction

Asking Price : $1,090,000

  • Sales revenue : $6,700,000
  • Net profit : $435,000
  • Furniture/Fixtures value : $135,000
  • Inventory/Stock value : $610,000

Business description

This well-known central New Jersey contract firm provides reliable electrical contractor services to commercial/industrial GCs, property managers and developers throughout the state. The company has experienced consistent top line growth since 2010 and has proven significant operating margins and documented profitability.

The company has been fully reviewed and conservatively appraised by a well-known national valuation firm at 2.5 SDCF (ttm).  A full valuation report by a national valuation firm is included in the prospectus. There is no debt to be assumed and the deal includes $610k in current A/R and inventory and $135k in fixed assets. By implementing the proposed deal structure an owner operator will obtain more than $2**** **** k benefit in after-acquisition-debt cash flow – over 90% ROI in Year #1.

(ALL DATA BASED ON SIGNED TAX RETURNS)

Other Information

  • Years established: 50+
  • Employees: 5 + Trade Contractors
  • Real Estate:The seller’s 4,500 SF facility is located in a conveniently desirable location with a very attractive/flexible lease.
  • Competition:This traditional union shop enjoys a competitive advantage through its loyal and stable customer base of companies, some of which have been with the company since inception. The barriers of entry have long been met here. In addition, the firm has extremely strong union relationships and access to unique bidding opportunities throughout the service area.
  • Expansion:It is projected that a new owner will obtain additional growth by expanding the direct sales efforts with a minimal investment of $100k. With a more concerted marketing effort and aggressive bidding approach, revenue growth of 20% per year is easily obtainable.
  • Support Training:A comfortable six months transition period will be provided by an owner who truly wants to continue to see his business flourish. A very well trained and highly qualified team will stay in place and support the new owner in all aspects of the business.
  • Reason Selling:Retirement
A Neumann & Associates, LLC
  • Company Details : A Neumann & Associates, LLC
  • Phone : Click here for phone number
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