Other Building & Construction, Other Service Businesses
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Specialty Contractor - Niche Sports-Related Business
Worcester County, Massachusetts, United States
Asking Price$550k
Revenue$2m
EBITDA-
Cash Flow$285k
Description
• Specialty Contractor in niche sports-related business for over 35 years
• Many Institutional clients (B to B), plus high net worth clients (B to C)
• Seasonal work with winters off
• Business typically starts the season booked well into the summer
• Recurring revenue from maintenance of past installations
• Installation crew with many years of experience
• Key foreman will stay on with new owner
• Seller looking to retire and will train to ensure a smooth transition
• Significant growth opportunities with new owner energy!
Real Estate
Rent is $250,000 per month
Building Size: 4800 sq. ft.
Inventory
$20k
Business is
Relocatable
Number of EmployeesFull-Time: 8
Year Established
1979
Reason Selling
Retirement
Facilities & Assets
The business operates out of a 4,500-sf leased building with useable outdoor space of 21,000-sf.
The lease is currently month to month and the business is not a destination location and could be relocated as needed.
The business comes with numerous pieces of construction tools and equipment to include multiple vehicles. Detailed equipment list will be provided to serious buyer prospects.
Support & Training
Seller supports some level of transitional training as well as a longer-term consulting roll. Fees are negotiable.
Market & Competition
This business operates throughout New England, New Jersey, New York, and Pennsylvania. Through a strategic relationship, they have sometimes gone as far away as the Hawaiian Islands where they have been involved in a number of projects.
Growth Opportunities
For the right "Hands on" operator, this would be a great business to run and grow. It would also be a great add-on business to a similar construction type business.
This business employs 8 full time employees and utilizes up to 4 primary subcontractors.
Financing Options
Seller financing is available.Some owner financing to a well-qualified buyer.
Asking Price$550k
Learn MoreAfter inquiring the broker will reach out to you to discuss the next steps.