Residential Specialty Contractor
Northwest Arkansas

Residential Specialty Contractor for Sale in NWA

Business Description

Licensed and insured residential specialty trade contractor since 1998.

This is a very well-run company with great backroom procedures and long-term employees.

All staff are employees (no sub-contractors), well trained and require very little supervision from the owner. Owner believes staff will stay on and he will help with transition of employees and clients.

The office manager has been there over 20 years and also runs the showroom. The long-time crew foreman is currently being trained to assume most of the owner’s role. Initially as backup while they train a crew chief for the foreman’s role. So the transition piece for a new buyer is already underway.

The sales breakdown is approximately 50% existing construction, 35% new construction and 15% repair. Business concentration no more than 6% with any client.

Sales for the past three years are very consistent with profit increasing year over year.

The sales for 2021 are up over last year by 10% and profit up 15% as of September 30, 2021.

The work in progress remains over 90 days.

Our SBA Lender has reviewed this company’s financials and says it qualifies for the their 7A loan program. Terms are outlined in the information we send out after receiving a signed NDA.

We provide business plan and cash flow projections required by lender in the CBR which requires a Buyer’s Financial Profile prior to release.

 

 

Asking Price $1,250,000

Sales for 2020 $1,887,764

Cash Flow for 2020 $308,048

As of September 30, 2021 sales are up 10% and profit is up 15% for 2021.

NDA Signing Link for additional information.