Ann Arbor Area Construction Business
Business Overview
A 40+ year well established construction company with a great reputation that combines complete general contracting, design-build services and construction management for both residential and commercial projects. Its focus has always been upon delivering high-quality/high end solutions while staying within budget and on schedule. Diverse range of projects, including new construction, renovations and additions.
Financial Performance
· Annual Revenues of $4M+
· Adj. EBITDA/SDE average of $650,000
Why A Great Opportunity – Major Attributes
· Well established business with great reputation and client base
· Experienced and skilled craftsman on staff + long standing relationships with experienced and skilled subcontractors
· Great Cash Flowing Repair and Maintenance Division
· Referred by many architects, designers and past clients
· Great Growth Potential
· Bread and butter work is high end design and remodel kitchen and bathroom projects.
Reason For Selling
Retirement. However, owners are willing to assist with training and transition.
Asking Price:
Business: $1.6M
Real Estate: Lease or Purchase per agreed terms