Annual Revenue: $14,000,000
Net Cash Flow: $3,056,473
Location: Western US
A well-regarded, industry-leading, extremely efficient specialty contractor serving Washington and the Pacific Northwest offered for sale. The company boasts strategic “partnerships” with developers, builders, architects, engineers, and design professionals which has fueled an amazing growth trajectory averaging 22% over the last three years. This trend shows no signs of slowing as evidenced by the nearly $15m in backlog for the current year.
Ownership’s commitment to timely and on or under-budget completion of projects has earned the firm “favored son” treatment in bid invitations and selection, and its size permits handling large or multiple projects simultaneously. Management’s ability to recruit, cultivate and maintain outstanding relationships with expert tradesmen, skilled estimators and the very best subcontractors have allowed the company to flourish and indeed, emerge as the premier contractor in its industry niche.
The firm’s many repeat customers are a testament to its expertise and commitment to delivering valued performance and service. Customer diversification ranging from single family, multifamily and mixed-use builders/developers insulates the business from volatility in any one segment of the real estate market and also provides a steady stream of opportunities, big and small.
The region’s burgeoning appetite for multi-family and condominium development position the company well for continued growth, as has its reputation and recognition for being intimately familiar with product specs. They have a large number of product suppliers, and they provide design, installation, and value-added services. A fully staffed office, state-of-the-art equipment, and a transparent owner willing to stay on for extended transition complete this turnkey offering.