Industry: Construction

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Cable Installation & Maintenance Business + Real Estate – Sold
$1,750,000
Annual Revenue: $2,162,330 Net Cash Flow: $387,487

This company has been sold. Please view our Construction Businesses for sale. Since 1999, this business has been contracted to install, repair, and maintain all aspects of aerial and underground cable networks for many major cable companies. Services include setting telephone poles, splicing fiber and coax, performing cable replacement and line extensions, aerial and underground cable construction, joint trench construction in new subdivisions, 24 hour on-call service, and storm damage repair. Their service area includes a 100-mile radius from their upstate NY location. The revenue is shared 50-50 between aerial and underground work. All project materials are supplied and delivered to them by their customers. The only materials they supply are telephone poles, which they have a large supply that is included with the business. The staff of 30 includes 6 aerial and 2 underground crews with experience in all areas of construction and installation. Employees are certified in enclosed space training and all flaggers are certified as well.

Contact us to help you sell your construction business in New York and throughout the US.

Capitol Region, New York
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Commercial Concrete Company – Sold
$1,600,000
Annual Revenue: $3,961,000 Net Cash Flow: $565,000

This business has been sold. Please view our Concrete Companies for sale and contact us if you want to sell your concrete company

First time offered for sale due to owner retirement – this company specializes in commercial structural cast-in-place concrete work, slabs, sidewalks and curbs, and concrete floor polishing. Work performed consists of Foundations, Laser Screened Floors, Raised/Elevated Parking Decks, Floor Grinding and Polishing, Architectural Concrete, Repairs and Renovations. Each project starts with preconstruction services to ensure that work is performed within compliance with Town, State and National requirements and to ensure that the projects are completed within budget and required code compliance. The company maintains all Certification requirements for Osha 10, Hazwoper 24, Grinding & Polish, LULL Operator. The company is bonded and ACI Governed. The company executes work from single family homes, to big box stores, hotels, Municipal work and airports in the New England Market. Equipment included in the sales price is estimated at fair market value of $500,000. Current staff consists of the owner, 1 office manager, 1 estimator and 12 full-time employees.

Hartford County, Connecticut
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Construction Inspection & Testing – Sold
$1,500,000
Annual Revenue: $6,425,000 Net Cash Flow: $550,000

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

Contact us if you would like to sell a Building Inspection and Materials Testing Business in New York or anywhere in the Eastern US.

Leading Construction Testing and Inspection Firm. This prominent company is one of the few that offers all 3 types of inspections: Materials, Non-Destructive, and “Special.”  Materials: Concrete and masonry both field and lab, rebar, footings, fireproofing, soils, and structural steel. Non-Destructive: Radiography, ultrasonic, magnetic particle, and liquid dye penetrant. Special Inspections meet specific state as well as national standards.  The full complement of management will remain in place with new ownership.

Ownership: Ownership is 100% absentee – Executive Management will assure a smooth transition and remain as long as reasonably needed. Executive Management is ready for retirement.

Real Estate: Current appraised value of owned Real Estate is approximately $2,750,000.

FFE: Office space, testing equipment, and labs, Vehicles – Fair market value $500,000. 

Growth Opportunity: Company is positioned for new owners to expand the business; current management has been hiring key staff to promote growth – after restructuring the organization last year.

Professional Staff: Company Structure includes President; Controller – who is promotable to President; and General Management Team. The staff consists of ~50 people, 20% in Administration Roles; 80% in Technical Roles.

Clients: The Company provides inspection services to the commercial and residential construction market. By code, clients are the building owners, but most interaction is between contractors, architects, engineers, and the Company. Clients retain the firm to test all aspects of the building structure as it is being commissioned and built.

Bronx, New York
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Spray Foam Insulation Business for sale – Sold
$700,000
Net Cash Flow: $350,000

This business has been sold. Please contact us to sell your insulation company. If you are interested in buying an Insulation business, please view our insulation contractors for sale.

This business provides commercial and residential insulation services throughout upstate NY. They specialize in open and closed cell spray foam insulation and also offer blown-in fiberglass insulation for ceilings and attics. Most of their business comes from referrals from satisfied customers. They have grown every year since starting the business in 2010. No licensing or other experience is required to operate this business.

There are two owners.  One handles sales, and the other is a foreman/worker.  The one who does sales joined in June 2013.  A $70,000 payroll adjustment has been subtracted from the cash flow to hire a replacement for the foreman/worker.

Competition:

Since they provide excellent workmanship and customer service, most of their business comes from referrals. They advertise in a local paper but don’t do any internet advertising.

Growth & Expansion:

The business has experienced high growth every year. Multiple markets, including industrial and commercial, that have not been pursued present additional opportunities for growth.

Support & Training:

The seller is willing to help the buyer ensure a successful transition.

Reason for Selling:

The seller wants to focus on other ventures.

Seller Financing:

Seller financing is available to a qualified buyer.

Property/Facilities:

The shop is 7,200 sq. ft. A lease will be extended to the buyer for $28,000/year. Please inquire for a complete list of the equipment included in the sale. The real estate is owned by the seller and could be available for purchase if the buyer desires.

Finger Lakes Region, New York
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National Environmental Consulting Firm – Sold
$749,000
Annual Revenue: $1,713,690 Net Cash Flow: $253,343

This company has been sold.  Please view our Construction Businesses for sale. This Dallas, Texas-based company is a full-service environmental consulting firm that provides its services nationwide, primarily to companies in the wireless telecommunications industry. Clients also include other large Fortune 500 companies, municipalities, and government entities. The Company’s flat organizational structure and relatively small size enable it to be more nimble and responsive than many of its peers in addressing the needs of its clients. It is estimated that approximately 90% of the projects that the Company receives are recurring from its longstanding clients, a testament to the exceptional quality of service provided.

The Company has won numerous awards and has been recognized for its service quality, business growth, and being one of the best places to work.

Business Highlights:

  • Well-established business with long-term customers and recurring revenue streams
  • Focused on high-growth and diverse industries driven by strong demand
  • Technically proficient and highly loyal (10+ yrs.) staff
  • Relatively small size makes the business nimble and provides a competitive advantage vs. peers
  • Low fixed costs produce superior operating margins
  • Minimal marketing costs due to significant repeat and referral business

Although the business can run effectively without the owner, the seller is receptive to being involved with the business for a period of time post-acquisition in order to facilitate a smooth transition.

Growth and Expansion Opportunities: Tremendous opportunities exist to grow business without the need for significant investment by providing additional identified complementary services to existing customers, expanding geographically, seeking partnerships with other engineering and environmental firms, and by providing service to businesses in other industries.

Competition: Very Specialized with High Barriers to Entry

Reason for Selling: Retirement

Contact us to help you sell your environmental services construction business in Texas or elsewhere in the US.

Dallas, Texas
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Interior Renovation – Sold
$1,850,000
Annual Revenue: $4,500,000 Net Cash Flow: $800,000

This company has been sold.  Please view our Construction Businesses for sale. Very profitable interior renovation company serving an affluent and loyal client base offered for immediate sale. Over 11 years, the business has methodically and painstakingly cultivated outstanding relationships with property owners, managers, maintenance staff, and design professionals resulting in “favored son” treatment in bid awarding.

Projects range in scope from gut rehab to painting to fabrication and installation of custom mill-work. The company has deliberately chosen to limit its geographical reach to the relatively small but well-heeled area of the Upper East Side/Park Avenue in Manhattan optimizing efficiency and permitting management of multiple jobs simultaneously. This lucrative area is terribly difficult to penetrate and management estimates this “digital Rolodex” alone is worth the asking price.

Corporate office and fully equipped factory/mill are conveniently located in nearby Long Island City, and allow the firm to take on even the most difficult build to spec jobs. The company’s commitment to providing “white glove” service and quality workmanship has permitted sustained growth and profitability and ensures a new owner a stable base of revenue and income.

Income can be geometrically increased through expansion of their target market area within Manhattan and into the outer boroughs, as the company’s wealthy customers typically maintain multiple residences or are serial investors. Indeed, current owners concede that they have turned away millions of dollars in projects that fell outside their desired geographical preferences. Additional opportunities to increase top and bottom-line numbers include the creation of a marketing strategy (all revenue presently based exclusively on word-of-mouth), greater use of subcontractors, and streamlining costs.

Completing the offering is all equipment, inventory, key managerial employees willing to stay on, and an owner ready to remain during an extended transition period.

Employees: 25

Contact us to help you sell your renovation business in New York or any other location. 

NYC, New York
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Well Established HVAC Business – Sold
$1,550,000
Annual Revenue: $1,759,570 Net Cash Flow: $673,284

This business has been sold. Please contact us if you are interested in selling your HVAC company in New York, or elsewhere in the United States. If you are interested in purchasing an HVAC Company, please view our other HVAC Businesses for sale. Local market leader in the HVAC industry serving Westchester county and the Tristate area for over 40 years. Providing residential work which is 60% of the business with some recurring revenue from service contracts. Commercial work is 40% of the business. The workforce is non-union.

Seasoned staff is in place providing quality work and an impeccable reputation. Great location/facility with an option to lease only. Truly a turn-key.

The asking price includes 4 vans, 1 box truck, and a fabrication shop with equipment. Great opportunity for the right buyer to acquire a well-run company with consistent revenue.

Westchester County, New York
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Commercial HVAC/Refrigeration Company – Sold
$1,200,000
Annual Revenue: $2,050,000 Net Cash Flow: $455,000

This business has been sold. Please view our Construction Businesses for sale. Well established recognized as a leader within the HVAC industry. The company also specializes in refrigeration, allowing them to provide more in-depth services and very high retention of commercial customers. Well experienced staff offering 24/7 service. The team is experienced in all aspects of HVAC & refrigeration installations and repairs.

Owner is retiring after 34 years:
Long-standing Preventative Maintenance agreements provide high reoccurring revenue. 80% are Time and Materials and 20% new installation.

A new owner only needs to manage this well-run company. It is priced to sell.

Facilities: Large lot, access to all major highways.

Growth & Expansion: The owner has spent zero dollars on marketing. All business is referred.

Financing: yes

Support & Training: As long as necessary

Contact us to help you sell your construction business in New Jersey and beyond.

Monmouth County, New Jersey
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HVAC Contractor with Recurring Revenue – Sold
Annual Revenue: $1,629,775

This business has been sold. Please view our HVAC Businesses for sale and contact us if you would like to sell an HVAC Business.

First time offered for sale due to retirement. This HVAC contractor is well established and has a loyal following in the market place. They offer all of the standard services provided by a traditional HVAC company — installation and maintenance of residential HVAC systems.

Annual maintenance contracts consist of approximately $500,000 of their yearly revenue on a reoccurring basis. This HVAC company is also a market leader in the Geothermal Exchange Systems. They offer installation and maintenance of highly sophisticated systems with an average installation cost of over $30,000. At present, the company has an existing backlog of around $1,000,000 worth of signed contracts to be completed this year.

Real Estate: Is owned and is for sale at fair market value with an estimated Real Market Price of $425,000. The Real Estate consists of a building approximately 5,000 SQFT. The owner would prefer to sell the property with the business.

Growth: Additional technicians, expanding geographic footprint,

Equipment/Inventory: $150,000 value of Trucks, Equipment, and Inventory included in the sale.

Financing: Available – SBA eligible – based on credit history 25% down; 15-year term.

Transition: Ideal individual will have an HVAC background. The owner will remain for a period TBD to ensure a smooth transition.

Central, Connecticut
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