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Business Listing

Listing No: 9242165
Category: Construction: Contractor General
Description: General Contractor

Business Details

Revenues: $836,536
Adjusted Cash Flow: $138,282
Selling Price: $90,000
Down Payment: $90,000
General Location: Southwest Florida

Executive Summary

Full service general contractor is offering to be a qualifier with his CBC license or if needed he can upgrade to a CGC license to qualify for high rise construction. Seller offers to be the qualifier but the buyer must agree to insure or bond him for thejobs they do.The asking price assumesthe buyer will pay $30,000 down and $30,000 for the next two years forthe license.If the buyer is interestedthe seller will agree to an employment or consultant agreement to work for the buyer as a project manager, submit jobs for building approvals and would also be willing to work in his area of expertise asaframingand finishingcarpenter.Seller has maintained an excellent job performance record and reputation.Most of hisprevious jobswere residential and commercial remodelsalthough he also has done some upscale residentialnew construction.He has a good relationship with experienced subcontractors and much of the work was completed through them.The financials shown are his previous performance although 2008 has limited activity he is in the position for new upcoming work as a preferred contractor. He has some pending and potential jobs and work in progress which is valued at appr. $250.00 to $300,000. Thesejobs can be prorated at the time of close. THIS IS A GREAT OPPORTUNITY FOR SOMEONE TO GET STARTED AS A GENERAL CONTRACTOR.

Last revision: 4/29/2010 9:16:00 AM

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