Annual Revenue: $4,941,906
Net Cash Flow: $500,000
Location: Mercer County, New Jersey
This general carpentry firm was established 35 years ago. This business has been able to sustain its growth through bidding and awards of commercial contracts and residential builds.
The owner attributes much of his success to being able to be flexible to market conditions. For example, if new home sales are down due to rising interest rates, he pivots his focus to additions and other types of builds. The sale of this company can come with a host of equipment that a new buyer would need to grow the business even further, including and not limited to trucks, vans, a box truck, forklifts, scissor lifts, commercial skytrak telescopic lifts, etc.
The current owner is old school and has never taken advantage of the internet or social media to market his successful business. His sustainability comes from the relationships that he’s built with builders and other industry professionals over the past 35 years. If the right buyer comes along and leverages the tools the owner can provide and develops a strong online presence, the growth potential would be exponential! The owner is looking to sell because he wants to retire and is willing to stay on to train and consult for at least a year.
The sale includes real estate, and a new owner can generate additional rental income.
Real Estate: $1,700,000 (Included in Price)