Federal and State Construction Firm

Asking Price

0

Annual Cash Flow*

1560973

Annual Revenue

9756863

Sunbelt Listing ID

N1972-GM

Real Estate

Included

1/1

SOLD

Pictures are stock images and are not indicative of the actual business.

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.

Listing Agent

DA-head-shot-resized.jpg

George Moncada

281.440.5153

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.