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Financing: $0.00 Down and Reason for Selling:retiring Long established since the seventies. Niche Contracting company offering union type work to large corporations,Government and schools. All work is bonded and payment is assured.Please note seller is retiring and current holds a executive type semi absentee roll in the daily operation. Full staff of management and chief management and staff fully in place. In house staff is about 10 people and contractor staff range from 35 -60 people depending on times of jobs.
This Long Island based company does work in NYC and Long Island and a small amount of work upstate. This is the nicest most organized well equipped and profitable type listing of its kind. Seller is motivated and will be flexible on price and terms with the right qualified buyer.
Seller hopes that new buyer will maintain his current hard working long term caring staff. This great impressive company includes about 10 company trucks plus 6000 sf of inside space filled with office Equipment as well as trade equipment which equals near a half million dollars.
Seller will stay on for up to 1 year and share present expenses with buyer. Buyer will also need ample working capital. Seller nets about $300k put does not leave the office and this is after full management team is paid.The average sales are about $4m per year.Please note this company already has $5million in new work that comes with company. This is a fully bonded,insured,experienced company in every way.
Very scalable with most service businesses. Contact Broker Jim Aloi for appointment but please be sure to present proof of funds. Please note this fully secure business is located on a large secure piece of property with 2 levels ,multiple offices,break room executive board rooms,copy center,drafting rooms,large heated garage areas,work shops storage container and heated shed area. This is a one of a kind rare gem.MUST SEE TO BE APPRECIATED. It now gets even better Landlord seller will give buyer option to buy on the property RENT ONLY $4500 PER MONTH ALL WAY UNDER MARKET. Down payment is to be determined by the seller after first meeting with the seller.
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
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1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |