Plymouth County, MA –
Asking Price: $695,000
Cash Flow (SDE): $350,000
Gross Revenue: $1,200,000
FF&E: $70,000
Established:1978
The business is highly respected among New England general contractors as one that can accomplish the specialty installations as well as typical residential repairs and replacement. The majority of sales are for commercial installations. An excellent acquisition candidate for a larger contractor; reputation, employees, infrastructure, special skills, all in place.
It has a distinct reputation for its custom natural slate and copper work on both residential and commercial installations. The company employs skilled tradesmen with minimal turnover. It also makes use of a network of sub-contractors to operate heavy equipment.
It has an exceptional reputation for getting jobs done in the City of Boston where logistics are difficult and the specifications are unique – hospitals, office buildings, historical brownstone residences.
Internally, the office is managed well; keeping calendars, internal accounting and receivables current. The owner maintains an internal management position at 30-40 hours per week.
Detailed Information
- Location:
- Plymouth County, MA
- Real Estate:
- Owned
- Building SF:
- 6,200
- Employees:
- 8
- Furniture, Fixtures, & Equipment (FF&E):
- Included in asking price
- Facilities:
- 6200 sf main building; offices & garage plus a 750 sf metal shop. The buildings are situated on 1.3 acres. Seller currently prefers to lease the facility but will consider a sale if the offers are interesting.
- Growth & Expansion:
- Opportunities exist for a buyer to employ more current marketing & promotion in social media, reaching out to real estate and property management companies, creating videos of the specialty work done in urban areas. Leverage the company’s strong reputation.
- Financing:
- negotiable per party
- Support & Training:
- Owner is willing to cooperate in a generous transition plan with a buyer.
- Reason for Selling:
- retirement
Contact John Dirkmaat for more information jdirkmaat@tbxllc.com.