Central New Mexico Metal Building Contractor
Asking Price: | $3,500,000 |
Gross Revenue: | $5,159,000 |
Established Year: | 1994 |
Cash Flow: | $716,239 |
Rent: | $12/SF/Year |
This construction company presents a compelling investment opportunity with its extensive history, broad range of services, and solid reputation. Here’s a structured overview highlighting its key aspects for potential investors:
Company Overview
- **Established:** 1994, incorporated in 1998.
- **Specialization:** Metal building construction (Storage Units, Hangars, Carports, Garages, Horse/Hay Barns, Commercial Buildings, Auto Shops, Churches, Metal Building Homes, Indoor Arenas, Complete Roof Systems, Interior Work, Shade Structures, Concrete Slabs, Roll-Up Doors).
- **Locations Served:** New Mexico, Arizona, Texas, Colorado, Washington, Oregon, Illinois, Missouri, Nevada, and Montana.
- **Employees:** 18-20, with many having over 10 years of experience; office manager with 18+ years of tenure.
- **Retirement Benefits:** Simple IRAs with up to 3% company match; currently utilized by eight employees.
### Historical Background
- **Founding:** Two contractors partnered in 1994, initially as dealers for a large metal building manufacturer.
- **Early Operations:** Served New Mexico and the Southwest with 4-6 employees in the first four years.
- **Expansion:** Incorporated in 1998; services expanded to concrete slabs, metal roofs, and roll-up doors. Obtained GB98 license and began functioning as a General Contractor.
### Business Strengths
- **Experience and Expertise:** 30 years of operation with a focus on quality and consistency.
- **Reputation:** Strong word-of-mouth marketing due to diligent and prideful workmanship.
- **Employee Retention:** High retention rates with significant field experience.
- **Financial Stability:** Steady growth with minimal marketing expenses due to established reputation.
### Investment Opportunity
- **Turnkey Operation:** Suitable for investors with any level of construction experience.
- **Smooth Transition:** Experienced and knowledgeable staff ensures a seamless handover.
- **Market Presence:** Well-established in multiple states with a diverse service portfolio.
### Key Selling Points
- **Longevity and Stability:** Three decades of successful operations.
- **Reputation for Quality:** Minimal marketing spend needed due to strong word-of-mouth.
- **Experienced Workforce:** Long-term employees with significant expertise.
- **Retirement Benefits:** Attractive employee benefits enhancing retention and satisfaction.
This company’s extensive experience, solid reputation, and broad service range make it a valuable acquisition for investors seeking a stable and profitable venture in the construction industry. The current owner's retirement offers a unique opportunity for new leadership to step in and continue the company’s upward trajectory.