DCAM Certified Construction Company – Has Accepted Offer
Price: $4,995,000
Annual Revenue: $10,370,885
Net Cash Flow: $1,015,762
Industry: Construction
Location: Worchester County, Massachusetts
This business has an accepted offer. Please view our other Construction Companies for sale
Established 40 years, this DCAM certified general contracting business serves public and private clients in all phases of commercial and residential construction and renovation across all of Massachusetts. The DCAM certification affords access to large state and federally funded projects through an online bid system without the need for a sales staff. They are licensed, bonded, and fully insured. Repeat clients include municipalities throughout MA, colleges, universities, and corporations. Their expertise meets the needs of diverse industries and specialty use venues. Project values can exceed $10M. Their success is continuing with a healthy backlog of booked business for 2022. They retain a key set of seasoned professionals on staff and have a dedicated and reliable network of skill-specific professional subcontractors to bring in based on the project’s needs. This presents a unique opportunity for the right buyer.
Listing Details
FFE: $70,000
Inventory: $45,000
Reason For Sale:
The seller is ready to retire.
Training & Support:
The seller is committed to the success of the business and will provide a transition that works well for the buyer and serves the needs of the business.
Operation
Employees: 16
Location
Facilities Information:
The 4000 Sq Ft building is centrally located with easy access to reach their clients. The lower level has a reception area, conference room and a full kitchen and the upstairs has 4 offices and a planning room. It also includes a basement and two car garage. There is an additional basement next door used for materials storage. The seller owns the building and is open to various options.
Summary
Competition:
The DCAM certification is a hurdle that most contractors don’t attain. This access coupled with their long history of superior work and service to their clients puts them in a great position over the competition.
Potential Growth:
The growth opportunities are tremendous. The DCAM single project and overall dollar limit are expected to increase substantially by the end of 2022 based on the completion of an eight-figure project currently underway.