"This construction contracting business represents a turnkey opportunity to expand into a viable Upper Midwest market with a proven, profitable enterprise. As a well-known leader servicing commercial and industrial sectors of the marketplace, the venture has a well-established client base and an extensive portfolio of marquee projects.

With a professional management team providing new leadership, the business is poised for significant growth. Already in place are in-house architectural services as well as in-house excavation, concrete, steel, and carpentry crews in addition to a majority of the equipment needed for any size job.

The company currently runs lean with minimal administrative staff and no marketing or outbound sales, which represents an opportunity for growth. Management has made continuous reinvestments in its business infrastructure. The company’s superintendents are leaders of a highly experienced team. They demonstrate an ownership mindset and are able to maintain standard operations in the owner’s absence. They have completed jobs up to $5M in size.

The equipment, office and shop facilities are in excellent condition and provide extra capacity for growth. The estimated Fair Market Value of the equipment is $4.6M and the value of the office, shop, related grounds, excavation pit, and equipment is $2.7M.

The second-generation owner is choosing to exit the ownership role to reduce his risk and will consider a consulting or employment contract with the right buyer. The owner prefers to retain ownership of the real estate and lease it to the buyer on a long term lease. There is significant additional real estate that may be available for future development.

Posted Oct 18, 2016

Did you know that social networking is a great way to buy a business? Sign up now and we'll show you how.

By clicking "Sign Up" you confirm that you accept the Terms of Use and Privacy Policy, including cookie use.

Disclaimer: MergerNetwork has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.