High Margin General Contractor With Strong Insurance Company Relationships – Denver, Colorado
Asking Price: $329,995
Gross Revenue: $823,190
Cash Flow: $153,512
Listed for sale is a great Class C General Contractor with deep relationships in the insurance industry and a focus on high-margin jobs. While this company specializes in residential construction, the company won’t even accept jobs with less than 30% gross profit margins, and takes on jobs with an average gross margin between 35% and 40%.
With an average revenue per job of $23,000 in 2020, this company has done a great job in winning profitable work all over the Denver area. They recently won a $150,000 job that a new buyer will be able to manage with new projects continuing to get larger in scope and revenue. They only got busier during COVID and all indications show that the company will continue to grow.
This company is getting 2-3 job requests per week and they have a bid win rate of about 30-40% without having to compete for lowest price. When it comes to insurance claims, their bid win rate shoots up to 80% with the associated work having the benefit of being highly lucrative.
The company just took a big step forward by bringing on a full-time sales manager that created a significant increase in lead flow. There is also a full-time project manager in place with deep knowledge of the construction industry and strong subcontractor relationships.
This business is run like a real company, leveraging a CRM and other systems and processes that a potential buyer can step into quickly and continue to grow.
Contact us for a full Prospectus
- Established: 2016
- Real Estate: Leased
- Building Sq. Ft.: 1,000
- Financing: SBA financeable with 25% down for a well-qualified buyer
- Support & Training: Seller will provide up to 60 days of training post closing
- Reason for Selling: Pursuing other interests
- For more information please contact:
7651 Shaffer Parkway Suite B2
Littleton, Colorado 80127
Telephone: (713) 492-8275
Email: [email protected]
- Please sign the Non-Disclosure Agreement for more information regarding this listing at https://denverbbs.com/nda-form/