Residential Custom Design with GC Management: 100% Subcontracted Out

The range of services includes design, plot sourcing, development, subdivision planning and remodels. There are seven full-time W2 staff members including a General Manager, two Project Managers, a Project Coordinator, a Draftsman, a Controller, and an Administrative Assistant – all labor and construction is subcontracted out. The owner dedicates approximately 20 hours per week focusing on financial reviews, and providing general oversight of the team. Given the existing personnel, no immediate replacement for the owner is necessary, as current staff can absorb these roles. This firm specializes in providing high-quality home design with project management focused on high-net-worth residential buyers. The dedicated team works out of an 1,800 sq ft office in Upstate New York. They have clients within a 50-mile radius of Saratoga County. To facilitate a smooth transition, the seller is willing to provide training for a period of 1-2 years, plus carry 20% of the purchase price to show his vested interest in the continued success of the business post close. Priced at $5,200,000, a 10% down payment of $520,000 returns $742,041 in the first year after debt payments! Currently, this business does not engage in any marketing activities. Implementing a marketing strategy could significantly enhance visibility and attract more clients. Potential growth avenues include digital marketing campaigns, social media engagement, and community outreach programs aimed at showcasing completed projects.

Upstate New York

Solar Install with all Labor Sub-Contracted Out

This solar business has been providing sustainable energy solutions to its clients within a 60-mile radius of Springfield. With a diverse client base, including small businesses (25%), residential clients (50%), and agricultural producers (25%), this business has also worked with non-profits and municipal clients. This reputable renewable energy company based in Springfield, Illinois, established in 2008, offers a comprehensive range of services, including consultation, site assessment, system design, project management, product procurement, and energy management. Operating from a leased office suite in the heart of downtown Springfield, with three offices. The company has a full-time project coordinator and a part-time diagnostic technician on its team. The current owner is involved in the day-to-day operations, providing general oversight, high-level sales, and administrative functions. The owner is planning to retire and is selling the business. The seller has offered to remain active in the daily operations for 6 months to 1 year post-close and is open to a consultant role following this transition. To sweeten the deal further, the seller has offered to carry 30% of the purchase price to show their vested interest in the continued success of the business moving forward. Growth opportunities include geographical expansion to increase market presence, onboarding additional installation crews and bringing an outside sales person to the team. They carry a Women Business Enterprise (WBE) designation, although the designation is not required post-close as they do not focus on public bid work.

Springfield IL

Solutions for Building Automation

Boasting a 49% profit margin, this company offers services including building automation design, support installation services, implementation of building technologies, and commissioning on pre-existing structures. They do not work on new construction projects. Their client base includes industrial and commercial facilities, including airports, manufacturing facilities, and commercial mixed-use developments. They offer maintenance contracts for their clients and are often invited to bid on these projects with an extremely high win rate (99% retention)! They do not perform new construction and do not bid on public contracts; clients seek them out through word-of-mouth referrals. The team consists of 7 full-time personnel, supplemented by subcontracted trades such as electrical, mechanical, and plumbing experts. The company leases office space and materials storage to serve as a central hub for the technicians, but approximately 80% of its work is conducted at client sites. The owner is active in operations, providing general oversight of the team, financial oversight, and high level project management. Based in Alberta, Canada, this business specializes in building automation design and commissioning for industrial and commercial clients. The company’s service area includes the province of Alberta, Northwest Territories, and adjacent provinces. Priced at $5,150,000, the sellers have offered to carry 15% of the purchase price in addition to carrying 10% via seller equity roll or earn out. Additionally, they have offered to stay with the business for 1 to 2 years post close ensuring a smooth transition and positioning the company for continued success.

Sewer & Waterway Contracting Business with Government Clientele

This firm has focused on municipal & government clients for almost a decade. They have over $5,000,000 in backlog and specialize in water, sewer, and drainage for infrastructure projects, serving municipalities and government clients throughout the Hudson Valley region to Westchester NY. They are union-affiliated, allowing them to gain quality field labor when needed. They handle projects ranging from maintenance jobs to large multi-million-dollar contracts. The deal comes with over $1,200,000 in hard assets plus $1,200,000 in AR making this fully collateralized for a lender! The company employs 12 talented team members including a project supervisor, foreman, estimator, accounting manager, payroll manager, and field labor. The owner is involved, providing general oversight, reviews estimates, contract negotiation, and financial management. The seller is planning for retirement and has offered to stay with the business for up to 1-year post-sale and is willing to carrying 15% of the purchase price to show vested interest in the continued success of the business moving forward. Priced at $2,800,000 a buyer would need $280,000 in unborrowed funds to purchase. Growth opportunities include expanding service offerings beyond core competencies, re entering the New York City market, or scaling up to larger and more diverse infrastructure projects such as bridge or culvert construction.

New York City

Premanufactured Steel & Metal Building Erection

Installation & erection of prefabricated steel structures since 1960 with a strong General Manager in place. This large-scale assembler is recognized as a top performer in the assembly of metal frame structures, such as grain silos, pole barns, and buildings. The business is regularly recommended by its customers, and world-renowned vendor Behlen Manufacturing. Located in South Central Nebraska, with very low overhead of only $1,500/mo., the General Manager runs all day-to-day operations. The owner only checks in twice per week! The average project ranges from $40,000 – $500,000 and can be complete in less than 2 weeks. The diverse repeat client base is comprised of farmers & ranchers, commercial building owners, home owners, schools, government, and churches. The project types are as followed: Premanufactured Structures, Steel Buildings, Pole Barns, Grain Bins, Storage & Garages, and Airplane Hangars. There are 8 full-time employees in the business including 2 Office Administrators and 6 in Field Labor. The seller is planning for retirement and has offered to stay with the business for 6 months to one year as part of the transition period. Additionally, the seller has offered to carry 15% of the purchase price as a show of good faith in the continued success of the business post-close. With a purchase price of $4,300,000, a buyer will need $430,000 of unborrowed funds to become the new owner of this business. Growth opportunities include geographical expansion as there are no restrictions for this continued reach.

South Central Nebraska