General Contractor & Remodeling for Healthcare Facilities (37808)

Situated south of the DFW Metro in Texas, general contractor specializes in all phases of construction with a focus on remodeling healthcare facilities, such as assisted living and long term care, hospitals and clinics with occasional commercial and residential projects. From plastering, painting, flooring to electricity, plumbing, and roofing, this full-service provider’s outstanding services have resulted in over 20 years of strong relationships in the industry and a great reputation. Launching a website and aggressive project bidding would definitely be a sales booster, as current efforts center on backed verbal referrals from their large and rotating customer base. Projections for Revenues in 2021 are at $6,202,712 alongside Seller Discretionary Earnings of $1,460,485 and Adjusted EBITDA amounts of $1,238,680, backed by an independent evaluation! Boasting a pre-pandemic history of nearly $10 Million in gross sales, achievable with minimal effort. Their Texas radius accounts for 75% - 80% of sales and nationwide radius already touches Florida, Kansas, Michigan, Colorado, and South Carolina, great for expansion. The single building is in excellent condition measuring over 9,000 square feet, complete with administrative spacing, a fabrication area, warehouse, and surrounding parking lot. Commercially zoned to handle additional capacity for any needed future expansions, property is available to purchase separately of Asking Price or can hold a lease if desired. With client diversification increasing in their pro forma sales, there’s great flexibility for strategic and optimizations to further growth within their industries. After a smooth 12 month transitioning period, reliable team of 11 nonunion employees are likely to remain post-sale and continue streamlining operations to allow owner involvement or time away. Location: Texas Year Established: 1990 Number of Employees: 11 nonunion. Real Estate: Owned Building Sq. Ft.: 9,000 Facilities: Listing also includes Accounts Receivables valued at $999,574, as well as Reimbursements & Deposits of $55,890.