Federal and State Construction Firm

, Texas 24 views 0 favorites

Financial Highlights
Asking Price
$0
Revenue
$9,756,863
Business 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. Market Areas: Primary market Southern United States Contact George Moncada with Sunbelt Business Brokers at 281-440-5153 for complete details. REF ID# N1972-GM Location: Texas Year Established: 2002 Number of Employees: 15 FTE Real Estate: Owned Building Sq. Ft.: 6,000 Growth & Expansion: Proprietary method of managing projects. Tremendous growth potential with increase of bonding capabilities.

Business Details
Industry:
Building & Construction
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 18, 2022

Updated: 9 hours ago

Views: 24

Favorites: 0