General Contractor - $6M Backlog (#964-18028)

Price: $475,­000
Revenue: $1,­651,149
Adjusted Cash Flow: $135,­475
Location: Lee County, FL

Well-established general contractor. 70% of revenues are from commercial clients (retail, office, light industrial new construction and tenant finishing) and 30% from residential clients (new home construction and remodel). Growth opportunities include expanding residential remodeling, developing relationships with commercial/residential realtors and architects, building awareness through local print and TV advertising, and adding part or full-time sales agents. Company enters 2019 with approx. $6M of signed contracts in backlog worth an estimated $600K potential owner benefit. Seller would like 5% earnout on backlog to account for cost of sales (12% historical net margin). Sellers are retiring.

Brokers: 50/50 co-broke with BBF and AFLBB members as well as IBBA CBIs. All others shall be on a referral basis only.

Eric Gall
(239) 738-6227