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Highly Reputable Frame Construction Business


Listing_photo-odyssey
Category :  Construction SIC :  1791  
Detail :   Price :  4,300,000  
County :   Down :  400,000  
State/Prov :  Minnesota Disc Earn :  1,417,871  
Country :  USA Sales :  7,694,473  

This is unique dual construction material business has 18 + years of experience in the building industry and reached over $7 million in sales in 2022.  Their success is primarily from word of mouth due to their outstanding reputation among the industry resulting in customer-based referrals. All materials are made in house and sized accurately then delivered directly to the job site, reducing the worry about scratch and dent issues drastically. This gives them the competitive edge amongst their competition. The business offers an array of products in the building industry and can support projects of any scope and size. The large sq. ft. warehouse located on a sizable acreage is included in the sale of the business.

Reason for Sale :  Retirement
General Location :  Minnesota
Organization Type :  Corp 'C'     Hours Owner Works: 40
  : Years Established: 20+  Years Owned:  20+  Emp FT:  4  Emp PT:  1  Mgrs:  3
Non Compete :  Miles:  5  Years:  250  Weeks Training:  4  Cost:   $0
Operating dys/hrs :  Monday-Friday 7:00 am to 4:30pm
Skills/Licenses :  General Contracting License
Business :  Is Relocatable: N    Is Home Based: N    Is a Franchise: N    Is Lender P/Q: N    Should Qualify For Visa: Y

Data Source Tax Return Tax Return Tax Return  
Year (Cash Flow) 2022 (N) 2021 (N) 2020 (N)  
Gross Revenue 7,694,473 5,338,263 5,273,258  
Cost of Goods 5,536,308 3,814,887 3,747,091  
Gross Profit 2,158,165 1,523,376 1,526,167  
Expenses 1,086,730 988,069 948,063  
Net 1,071,435 535,307 578,104  
Owner Salary 181,924 238,156 131,130  
Benefits 153,793 65,000 65,000  
Interest Expense 0 0 0  
Depreciation 10,719 11,521 136,198  
Other 0 0 0  
Discretionary Earnings 1,417,871 849,984 910,432  

Accounts Rec 0 N* Real Estate 800,000 Y*
Inventory 813,197 Y* Assets 502,605 Y*
F F & E 108,690 Y* Total Assets 2,224,492 Y*
Leasehold 0 N*
*Included?  

Lease/Month: Square Footage: 16,500 Building Type: Office/Warehouse
Terms & Options: OWNED Expiration Date:


JASON BROOKS Office :  (239) 849-9334  
ASSOCIATE Fax :    
  Home :    
SUNBELT BUSINESS BROKERS NAPLES & FT MYERS Cell :  (239) 357-7073  
2640 GOLDEN GATE PARKWAY, SUITE 204        
NAPLES, FLORIDA 34105 Email :  [email protected]  
USA Home Page :  sunbeltofflorida.com  

 



Listed By: Jason Brooks

Background information

Reference:

53093

Finance

Sales:

$7,694,473

Profits:

$1,063,013

Profit type:

Discretionary Earnings

Price and terms

Price:

$4,300,000

Down payment:

$400,000