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Business for Sale Summary

Construction Business For Sale in New York - 33997

Business Type: construction special trades,misc. construction/non-classifiable,repair services,construction building
Construction Business For Sale in New York
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Financial Information (non-confidential)

General Information
Asking Price $125,000 Down Payment $125,000
Gross Revenues $1,400,000 Lease Remaining Register Free to View
Owner’s Cash Flow $600,000 Number of FT Employees Register Free to View

Financing

$125,000 Down and

Business Description

Fully licensed New York City Construction company, with excellent large portfolio of satisfied repeat customers. Full-service solution to your development and construction needs, from design and budgeting to execution. They undertake all aspects of commercial and residential building including new build, maintenance, refurbishment structural alterations and all other general building work. They are a local General Contractor, maintenance, and home improvement company that believes in the old-school work ethics. Works with many major NYC builders. Kitchen and Bath Remodeling Room additions, New Construction, Roofing and siding, Drop ceilings, vanity and ceramic tile, flooring Custom Cabinets, Painting, tiling, Electric, House add on, finished basements, masonry, etc. Fully licensed in New York City and insured. Business comes with one 2019 Ford Transit Van and many tools. Currently rents a garage month to month for $325 per month. In Covid affected year (2020)- company did almost 40 projects. Has $5m umbrella in which is required for many projects. Seller has been building a restaurant for himself in 2023 and has turned down most new jobs. 2023 YTD sales of about $400,000 and net profit of $150k. Prior construction background required for a call with the owner. New owner operator can quickly rebuild sales back to prior year $1.4m. Crews, tools and equipment still in place, Contact broker Joseph Stansky at 631-383-3109 for more information.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.