High Margin General Contractor With Great Reputation

Asking Price: $299,995
Sales Revenue: $809,118
Cash Flow: $140,475

Business Description

Available for sale is a general contractor that works all over the Denver area, fully staffed up, and with a reliable and loyal book of subcontractors.

This Class C General Contractor got its start through creating great 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 have about $1,176,000 of bids outstanding with 10-12 leads waiting to be scheduled for quote. A new buyer will walk into immediate revenue and a huge backlog of work, right on time to capitalize on the huge step change in growth already seen from 2020 to 2021.

This company continues to 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 (i.e. high margin).

The company has all the critical roles already in place, including a full-time project manager with construction/handyman skills, two sales/estimator roles, and an administrative / back office manager.

This business is run efficiently, leveraging a CRM and other systems and processes that a potential buyer can step into quickly and continue to grow by driving more leads and bidding out more work.

Detailed Information

Location: Aurora, Colorado
Real Estate: Leased
Rent: $1,100
Building SF: 1,000 Sq Ft.
Employees: 5
Financing:
$195K down
Support & Training: Up to 3 months with continued phone support as negotiated
Reason for Selling: Other business opportunities

For more information, please click on ‘Sign NDA & Get Buyers Prospectus’ above. Once the NDA is signed and completed, you will receive confidential information related towards this business.

Contact Sebastian Gast | Authorized Broker

Sebastian spent over a decade working in the oil & gas industry before turning his focus to small business.  He is a former real estate investor, current e-commerce entrepreneur, and the owner of Row House Edgewater, a boutique rowing-based fitness studio in Denver. He is passionate about helping business owners reach their financial and personal goals.

Business Brokerage Services, LLC
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David Jang
David Jang
19:06 07 Oct 21
Michael and staff made easy for us to purchase a... business. And went out the extra mile to set up all the business needs as well. Thank you all.read more
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