Central New Mexico Metal Building Contractor

New Mexico

Seller Financing Available

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Asking Price:$3,500,000
Gross Revenue:$5,159,000
Established Year:1994
Cash Flow:$716,239
Rent:$12/SF/Year
BUSINESS DESCRIPTION

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.


DETAILED INFORMATION
Location
New Mexico
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,875
Lease Expiration
31/12/2024
Employees
20
Facilities
Please inquire with the listing broker.
Competition
Limited competition with the skill set, ability to mobilize, and infrastructure for in-house value engineering.
Financing
Seller financing available through earn out options depending on structure and offer.
Support & Training
Please inquire with the listing broker
Reason for Selling
Ownership is retiring.
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Timothy
Lopez
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Timothy Lopez