This company specializes in the installation of heavy equipment (such as HVAC systems) on commercial roofs via heavy-lift helicopters.
After many successful years in the industry, the owners have decided to retire.
The company has a management team in place. Owners operate the company as an S-Corp.
Growth/Expansion Opportunity: This business has a couple of avenues for growth, such as expanding into new geographic locations and offering new services which require large, heavy lift helicopters.
Equipment/Inventory/Vehicles: The fair market value of the helicopters included in the sale is approximately $3,000,000. Inventory worth $1,500,000 is also included.
Real Estate: This business operates out of a newer hangar/office valued at $2,100,000 which is also included in the sale.
The Company is a well-established construction firm specializing in high-quality concrete and masonry services. With decades of industry experience, it has built a reputation for delivering complex projects with exceptional craftsmanship.
The company operates a subcontracting-based business model, with an emphasis on providing high-end residential, as well as commercial projects. It handles projects typically valued between $500K and $4M.
Team: The team consists of 85 skilled experts, most with an average of 10+ years of field experience.
Key financials
Current pipeline and backlog value is $11.7m
Estimate 2024: Revenue $18.5 | EBITDA $5.7m
Full 2023: Revenue $15.0m | EBITDA $3.5m
Full 2022: Revenue $14.5m | EBITDA $2.5m
Transaction:
** Confidential Information will be shared with qualified buyers only. **
With over 70 years of dedicated service, this architecture company stands as a cornerstone in providing top-tier architectural and interior design services. It specializes in diverse building types, including housing, healthcare, education, veterinary, retail, commercial, government, and recreational facilities, primarily serving clients in Ohio. The target customer base consists of clients with repeat business, particularly in the housing, healthcare, education, and government sectors.
Currently, they have approximately 50 active projects. The company operates from a single 8,500 sq ft facility, which was renovated about nine years ago and is currently utilized at approximately 75% capacity, allowing room for about 40% employee growth. The company employs 3 partners, 4 project managers, 5 full-time interns and drafters, and 1 office manager.
The company markets its services through Requests for Qualifications, trade shows, and word-of-mouth, with Requests for Qualifications being their primary channel for acquiring new business. Pricing is in line with industry standards and business development is led by one of the founders while finances are handled by another. They do not have a dedicated sales force or independent sales representatives.
This company is a very profitable second-generation provider of excavation, site work, and utility conduit installation. They are a registered underground utility contractor that has been performing installation and maintenance support for utilities, municipalities, real estate management firms, and other private sector companies for over three decades.
Dedicated employees, expert management, and meticulous adherence to deadlines have garnered the firm “favored son” status in awarding new jobs/contracts, as evidenced by a 35% increase in gross revenues and over 74% gain in discretionary cash flow over the last three years alone!
They have an outstanding reputation painstakingly earned through safe and timely completion of all projects, from new installs to upgrades of existing datacom and telecommunication systems and other utilities. Ownership’s commitment to customer satisfaction has been rewarded with a continual stream of lucrative contracts to perform highly profitable jobs required by one of the world’s largest telecommunications companies.
The firm’s comprehensive in-house services include expert design and engineering to permit application and procurement to underground construction, providing an impressive, seamless “one-stop” shopping experience for its clients. The breadth and depth of management’s experience allow the firm to selectively take on jobs as varied as manhole construction and installation to fiber optic installation to drainage excavation.
Further growth opportunities are activating relationships with electric and gas utilities, performing aerial work, expansion of private sector work, and extending service region beyond NYC. This could provide new owners an opportunity to double current volume and increase profits with minimal capital expenditures.
A storage yard with office trailers, all construction equipment, and 16 fully equipped vehicles complete this turnkey opportunity. A transparent owner willing to stay on post-sale for several years will facilitate the transition.
With over a decade of experience, this company is a leading provider of comprehensive construction and contracting solutions. Its expertise spans Mechanical, Electrical, and Plumbing (MEP), fit-outs, civil works, and landscaping and it is committed to delivering exceptional service, consistently exceeding client expectations through a focus on quality, safety, and innovation.
Key Strengths:
Comprehensive Services:
The company offers a full spectrum of services through its specialized departments:
Leadership:
The CEO and MD provide strategic direction, overseeing all operations and ensuring alignment with the company’s commitment to excellence.
Business Highlights: Owners are selling due to relocation. The intention is to sell the business as a going concern to a buyer interested in entering the home building and renovation space in Calgary and Alberta more broadly. The sale would also include the current clients, all assets (both tangible and intangible), and all current staff who are involved in running the business and will be sold with management in place.
Current Business: This business is not only generating good revenue but is also profitable and cash flow positive. The sale is intended to be a smooth transition, with a mix of cash and seller financing, ensuring the business continues to flourish under new ownership.
Opportunity: Buyers would ultimately be interested in purchasing the business to enter the home building space via a profitable and successful local business with management in place.
Financing: TBD
This established commercial construction company specializes in commercial construction and design/build services and has a solid reputation for excellence in the state of Florida.
The company has a strong track record of completing a wide range of projects across various sectors, including medical, office, retail, educational, storage, restaurant, religious, and municipal.
In 2023, the company generated $18.7 million in revenue, showcasing its financial strength. Despite the challenges posed by the global pandemic, it stabilized the gross margin at 8%. Notably, the Seller’s Discretionary Earnings (SDE) were $0.71 million in 2023.
Note: (*) refers to revenue in 2022 that comes from long-term customers or multi-year projects.
Team: CEO – 1 FT, Director of Ops – 1 FT, Accountant – 1 FT, Administrative – 1 FT, Project Managers – 2 FT, Asst. Project Manager – 1 FT, Estimator – 1 FT, Site Supervisor 4 – FT. The company also has occasional day labor on each job site for mostly clean-up activities.
Services and Clients: The company provides full-suite construction & contractor management, and design services for commercial and institutional clients. Its expertise extends to clients in medical offices, assisted living facilities, self-storage, churches, school districts, universities, food service, municipal, tech, and aerospace amongst others. Most of the company projects are negotiated or repeat projects, with very little bidding done – 70% long-term client revenue (*).
Project Pipeline – The company possesses a robust project pipeline consisting of contracted projects worth $41.7 million and has signed agreements for upcoming projects totaling $10 million. This pipeline ensures a steady stream of projects and presents an excellent opportunity for the acquiring party to capitalize on future business prospects.
Founded more than 50 years ago, the company is a privately owned commercial rigging, hauling, storage, and crane services business in the Washington, D.C., Metro area. It has performed projects for high-profile general contractors, government agencies, museums, and Fortune 1000 clients who trust it with complex projects.
The company has built a strong reputation with repeat customers in the industry and region, such as Turner Construction, GE Medical, and various government agencies. The company is poised for acquisition with a $2.4M backlog and many high-potential bids in the marketplace. Key employees are willing to accommodate a transition period or employment contracts.
Employees: The company has 17 employees, including the President, and has a union-based workforce, which is key to accessing the client base.
Location: Washington DC Metro, 12-Month Lease, expiring July 9, 2025, $39,000 monthly.
Business Highlights:
* The Presidents salary has been normalized as an add-back for EBITDA.