Once-in-a-lifetime opportunity to buy a multi-purpose construction business with a great team of skilled and flexible employees – ninety percent of their work is self-performed! The company’s rich tradition of strong customer service has led to long-lasting client relationships attributing to 80% of revenue to be derived from repeat business.
The portfolio of services includes full mechanical, electrical, and automation design, installation, and maintenance, steel erection, concrete foundations, design-build, and heavy equipment installation. New construction generates less than 20% of the business. The client base includes more than 25 repeat clients from different industries. The business has long-term government contracts with the city and DOT. Several years ago the company started performing more mechanical services, making higher net income and profit margins. As they continue to take on more mechanical work, a new owner can expect to see a significant increase in profit margins and net income, as now profit margins from mechanical work is 35%, compared to 15% from GC services.
This construction company for sale operates out of 4 facilities on a two-acre land plot. It has built an excellent reputation and is well-known all over South Carolina. The pipeline of work is steady throughout the year and the service area covers a 100-mile radius of the office. The business for sale is in a prime position for growth in the future. There is a big potential for expansion into the mechanical side, which now represents only 9% of the business, but has a higher profit margin than other offerings provided.