Federal and State Construction Firm
Asking Price
Not Established
Annual Cash Flow*
$1,560,973
Annual Revenue
$9,756,863
Sunbelt Listing ID
N1972-GM
Real Estate
Included
Business focus is 100% on renovation and modernization of multi-family properties. A niche industry funded by Housing and Urban Development (HUD). HUD’s proposed budget for 2022 is 68.7 billion up from 59.7 billion in 2021. SBA backed bonding line of $15 million aggregate with a $6 million single with a personal guarantee. Current backlog is around $4,000,000 with $5.5 million out for bid and another $21,000,000 coming up for bid in the near future with private clients and public clients. Real Estate will be included in the Asking Price and is valued at $1,400,000. Growth Opportunities: Proprietary method of managing projects. Tremendous growth potential with increase of bonding capabilities. Market Areas: Primary market Southern United States Contact George Moncada with Sunbelt Business Brokers at 281-440-5153 for complete details.
Business focus is 100% on renovation and modernization of multi-family properties. A niche industry funded by Housing and Urban Development (HUD). HUD’s proposed budget for 2022 is 68.7 billion up from 59.7 billion in 2021. SBA backed bonding line of $15 million aggregate with a $6 million single with a personal guarantee. Current backlog is around $4,000,000 with $5.5 million out for bid and another $21,000,000 coming up for bid in the near future with private clients and public clients. Real Estate will be included in the Asking Price and is valued at $1,400,000. Growth Opportunities: Proprietary method of managing projects. Tremendous growth potential with increase of bonding capabilities. Market Areas: Primary market Southern United States Contact George Moncada with Sunbelt Business Brokers at 281-440-5153 for complete details.
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Listing Details
State
City
Texas
Other
Company Description
Business focus is 100% on renovation and modernization of multi-family properties. A niche industry funded by Housing and Urban Development (HUD). HUD’s proposed budget for 2022 is 68.7 billion up from 59.7 billion in 2021. SBA backed bonding line of $15 million aggregate with a $6 million single with a personal guarantee.
Current backlog is around $4,000,000 with $5.5 million out for bid and another $21,000,000 coming up for bid in the near future with private clients and public clients.
Real Estate will be included in the Asking Price and is valued at $1,400,000.
Growth Opportunities: Proprietary method of managing projects. Tremendous growth potential with increase of bonding capabilities.
Market Areas: Primary market Southern United States
Contact George Moncada with Sunbelt Business Brokers at 281-440-5153 for complete details.
Industry
Construction and Engineering and Trades
*Cash flow is defined as net profit plus taxes, interest, depreciation, amortization, and owner's compensation. See earnings detail from Seller.
Expired
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