Industry: Construction

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Electrical Contractor – Sold
$7,750,000
Annual Revenue: $11,909,219 Net Cash Flow: $3,500,000

This company has been sold. If you are interested in buying an electrical contractor, please view our electrical contracting businesses for sale.  If you are interested in selling your electrical contractor, please contact us. And you can also view our Construction Businesses for sale.

They are a well-established non-union electrical contractor that serves the greater Buffalo area and most of western NY, providing full-service electrical contracting services to the region’s most prominent builders and residents. Revenue has been stable and predictable for many years as they do repeat work for major contractors and home builders. Their large projects produce seven figures in revenue and often span several years. The company and its employees hold 23 licenses in total. The seller is willing to stay with the company for several years to ensure their continued success.

Business Highlights

  • Established relationships with large contractors and home builders produce predictable revenue streams
  • Stellar online reviews are a testament to the quality of their work
  • 23 city and town licenses ensure opportunities for growth throughout western NY state
  • Pricing agreements are in place with large home builders
  • State-of-the-art technology enhances operations and service delivery
  • Vehicle fleet and service equipment routinely updated

Employees: 78

Facilities: The building is owned by the seller and would be sold as part of the sale in a separate transaction. The real estate is not included in the listed price.

Competition: This is one of the largest non-union shops in Western NY, and their established relationships and quality of service have been the backbone of their growth.

Growth & Expansion: They routinely turn down work, and the seller has kept the business at its current level, but there is plenty of opportunities to expand their presence.

Support & Training: The seller is willing to stay on for several years after the sale to ensure the continued success of the business.

Reason for Selling: Transition into retirement.

Buffalo Area, New York
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Concrete Sealing, Polishing, and Painting – Sold
$8,800,000
Annual Revenue: $16,350,000 Net Cash Flow: $2,600,000

This business has been sold. Please contact us to sell your concrete business in Virginia or any other state. If you are interested in purchasing a contracting business please view our construction companies for sale.

The company has been providing cleaning and concrete polishing and sealing services to customers in the northern Virginia, Maryland, and Washington D.C., metro areas for over 30 years. They maintain many of its original customers and serve as one of the premier polished concrete experts on the East Coast. The company’s painting and wall covering division has grown since its launch five years ago, headed by well-established and respected industry professionals.

In 2019, they entered the technical data cleaning market, concentrating on growth in this field before COVID presented an additional path for growth with disinfecting. Attention is now turned back to the technical side of data cleaning with a new $650,000 contract. Work in this industry typically carries a gross profit margin of 60% or higher.

They perform jobs in any of the following disciplines: polished concrete, dust proofing concrete, caulking of floors, interior and exterior painting, architectural final clean which now includes technical cleaning of high-powered equipment, including servers. Once a customer is engaged, the Company captures multiple facets. The strength of this is that the general contractor now has a single source provider for a wider range of activities with one established, innovative, and safety-driven company.

They have 35 employees and offer:

  • Painting professionals with vast knowledge
  • Experts in highly technical wall coverings and paint products
  • Certified installers in unique applications
  • Cost-effective concrete flooring treatment with low upkeep
  • Concrete polishing typically runs at 20% of the expense of maintaining a waxed floor
  • Specialized equipment and highly trained personnel
  • Custom solutions for interior or exterior projects
  • Recognized for consistency and ability to continually offer innovative products
  • Top-tier installer of high-performance resinous floor systems for commercial projects in the DC Metro region
Prince William County, Virginia
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Highway Infrastructure Construction Company – Over $35M In Pipeline – Sold
$7,000,000
Annual Revenue: $11,210,482 Net Cash Flow: $1,043,647

This business has been sold. Please view our other Construction Companies for sale and contact us if you are interested in selling your highway construction company.

The company is growing and now has over $35Million in a pipeline of committed work. They focus on infrastructure & municipal projects such as highways and toll infrastructure and sign construction for bridges & tunnels. Their specialty is in large infrastructure projects as well as any site preparation associated with a job. With over $2MM in assets, including heavy machinery, tools of the trade, and company vehicles, all equipment is in place for continued success.

The team of foremen and workers maximize their awarded contracts through competitive bidding and strong professional relationships. Currently in contracts are 9MM in work-in-progress and upcoming projects. This is a woman-owned certified business. The owner and her husband currently work within the company. One owner is willing to remain on staff throughout the transition or beyond, as desired.

Assets included in the sale:
Equipment: excavators, supplies, safety equipment, rigging, tools, office equipment
Vehicles: $80,000: Trucks, trailers
Inventory: $70,000

Intangible Assets: Positive reputation for completing large-scale projects

Westchester County, New York
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Fiber Optic Installation and Maintenance Contractor – Sold
$7,000,000
Annual Revenue: $6,973,000 Net Cash Flow: $1,603,607

This business has been sold. If you are interested in selling a fiber optic or telecom cabling business please contact us for a confidential consultation.  If you are interested in buying a fiber optic or cabling business, please view our other Construction Companies for sale.

A well-established, forty-one-year-old, aerial, and underground full-service Communications Contractor. The organization is diversified in all aspects of outside plant construction; new build, rebuild, maintenance, and emergency work. The company contracts with major communication/broadband companies. The company is a well-respected mid-sized contractor with extensive knowledge of the business and provides excellent work for its customers while achieving long-term success. The corporation maintains a strong belief system while operating consistently out of cash flow, carrying little debt. In lieu of funding massive debt for company expansion as a nationwide contractor, the company has focused resources on the state of Connecticut.

Colorado
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Utility Related Contractor Services – Sold
$5,250,000
Annual Revenue: $5,300,000 Net Cash Flow: $1,500,000

This company has been sold. Please view our Construction Businesses for sale.

Highly regarded, well-established and lucrative company. They are a registered utility contractor that has been performing underground and aerial installation and maintenance work in NYC, Long Island and the surrounding area for nearly two decades.

The company boasts an outstanding reputation earned through safe and timely completion of all projects, from new installs to upgrades of existing gas, electric, drainage, water and telecommunication systems. Ownership’s commitment to customer satisfaction has been rewarded with a continual stream of highly profitable jobs from federal, state and local agencies as well as municipalities, companies, universities, and hospitals.

The firm’s comprehensive in-house services include expert design and engineering to permit application and procurement and aerial/underground construction or fiber splicing. They provide an impressive, seamless “one-stop” shopping experience for their clients. They plan, design, build and provide maintenance for their clients.

Dedicated employees, talented subcontractors, and a custom platform solution accessible by field and office personnel facilitate multitasking and optimize efficiency. This has lead to a 20% increase in gross revenues and over 200% gain in discretionary cash flow over the last three years alone! Two fully staffed offices, a storage yard, and equipped vehicles complete this turnkey opportunity.

A transparent owner willing to stay on post-sale will facilitate the transition. The seller is willing to finance up to 40% of the purchase price.

Contact us to help you sell your construction business in New York or elsewhere in the US.

Long Island, New York
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Commercial Electrical Contractor Specializing in Large Pharmaceutical Laboratories – Sold
$2,500,000
Annual Revenue: $2,812,234 Net Cash Flow: $641,000

This business has been sold. Please view our other Electrical Contractors for sale and other Construction Companies for sale.  If you are interested in selling your electrical contractor please contact us for a confidential consultation.

Established more than 30 years ago, this niche electrical contractor located in central NJ has maintained and grown 100% of its customer base since it was launched. The business is approved for SBA financing.

The company primarily supports the initial build-out as well as upgrades to the electrical infrastructure of pharmaceutical laboratories. Some of the work done revolves around the installation of generators, new services, upgrades to electrical panels, and uninterrupted power supplies. In addition to the pharmaceutical companies, the company renders services to other businesses, such as nursing homes and schools. It handles all the electrical tasks, from obtaining permits to conducting the final inspection of a finished project.

Typically, the team consists of around 8 to 10 skilled technicians. Although the owners plan to retire, they are willing to provide support during the transition period as necessary.

Scope Of Work:

  • Thirty-eight years of installing electrical work and maintenance for Pharmaceutical
  • Labs, R&D Facilities, Private Schools, Nursing Homes, and Warehouses.
  • All electrical work is from the ground up, value-engineered projects.
  • Installation of electrical services of up to 4000 amps, some high voltage work.
  • Generators up to (1) megawatt, UPS systems.
  • The contractor has all tenants who occupy building(s) as continued relationships.
  • Daily maintenance/work orders and new installations coming in weekly.
  • A great relationship with local inspectors and all engineering firms.
  • The contractor strives to have a zero-punch list from tenants.
  • Employees are trained to do a quality job.
  • The electrical contractor has contacts if prospective buyers want to bid on and expand out.
  • All work is done with owners/representatives of companies, not general contractors.
  • Work consists of activities from daily maintenance to year-long projects.
Middlesex County, New Jersey
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Insulation Contractor in the Mass Saves Program – Sold
$1,500,000
Annual Revenue: $4,800,000 Net Cash Flow: $600,000

This business has been sold. Please view our other Insulation Contractors for sale and other  Construction Companies for sale. Contact us for a confidential consultation if you would like to sell your insulation contracting company.

Top Rated Mass Save Partner focused on insulation services.  They are highly rated out of 90 contractors resulting in a constant flow of booked work orders and a backlog at least three months out all year long.

They don’t have to do any marketing as all their work comes through the Mass Save program.  The orders come in, they are put in the schedule, and the company is paid via direct deposit within 7 days of completing the job.

The operation runs with 8 trucks, and they cover all of MA.  There are selected subcontractors whom they work with as they stay focused on delivering their core services.

Tools and inventory are included with the sale.

Norfolk County, Massachusetts
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Fireproofing and Insulation Company – Sold
$2,800,000
Annual Revenue: $3,740,712 Net Cash Flow: $800,000

This business has been sold. Please view our other Contractors for sale, including insulation contractors and fire prevention companies for sale.  Contact us if you would like to sell your insulation contractor or fire prevention business.

Founded in 1991, the company is a privately owned commercial fireproofing and insulation business in Southwestern New Jersey in the Philadelphia Region. It has experience providing end-to-end solutions for fireproofing and insulation on large commercial projects.

The company has built a strong reputation in the industry and region and has many repeat customers.

Employees: There are 15 employees.

Facilities: 5,000 square foot facilities with all the equipment needed to expand and scale the business.

Industry: The global fire suppression systems market was valued at $19.7 billion in 2022 and is forecasted to reach $28.8 billion by 2030, growing at a CAGR of 4.9%. Dry chemical-based fire suppression systems are projected to grow at a CAGR of 5.4%, reaching $11.8 billion by 2030. Water based fire suppression systems are also expected to grow, with a CAGR of 4.8% during the same period.

Business Highlights:

  • The business has a strong team with an excellent regional reputation.
  • Profitable, with excellent cash flow and ability to expand services and regions.
  • Word-of-mouth referrals keep the business busy without advertising.

Further details of the business will be revealed only to those buyer prospects who the broker has screened.

** Owners’ cash flow consists of EBITDA and owners’ discretionary spending

New Jersey
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Niche Construction Co w/ Repeat Fortune 500 Customers – Sold
$2,900,000
Annual Revenue: $8,435,123 Net Cash Flow: $1,282,472

This business has been sold. Please view our other Construction Companies for sale and contact us if you would like to sell your construction company in Massachusetts or anywhere else.

For over 30 years, this New England-based business has built long-standing relationships with top-tier customers who operate in the gas station, convenience store, and trucking industries. Projects include new builds as customers add locations and renovations to meet regulatory and expansion requirements. They have extensive technical experience in their specialty and also self-perform all of their own site work and environmental work with their extensive fleet of heavy equipment. In addition, they operate as the general contractor on their projects to ensure control and quality service delivery across the entire project. Their completed projects span the East Coast with a focus on the Northeast. Their fleet of heavy equipment, vehicles, and tools, which are all self-maintained, ensures quality delivery and capacity across multiple projects. With a robust pipeline of projects, they are poised for continued growth. Over $ 1.5 million worth of equipment and assets are included in the sale.

Massachusetts
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