
General Contractor
Location:
FloridaEstablished:
1999, S-CorpGross Revenue:
$ 7,715,588EBITDA:
$ 4,625,011Employees:
20Real Estate
Accounts Receivables
Government Contractor
Summary:
This long-standing Miami-based company has been in business since 2003. It specializes maintaining, repairing and remodeling commercial properties – particularly related to government residential housing units – as well as institutional (schools, public service agencies and more) construction and remodeling. The customer list is outstanding. The government housing contracts in place provide an attractive and profitable baseline. It has recently renewed contracts with the HUD which will be in effect until July 2022. The business has consistently worked with similar agencies for over 10 years. The company not only has very strong cash flow and very strong current contracts in place, but also has a bonding line of $25MM per single job and $50MM aggregate which provides huge upside for the buyer who’s focused on growth. It has gained an excellent reputation for its quality and service over the past two decades. Customers can expect their project to be delivered on time and with no hassles or surprises. The company recently invested in a new bid management software to improve efficacy in their bid handling, which will continue to positively impact profitability and ability to gain more contracts. It has also finished the acquisition of a warehouse and continues to increase staffing levels to meet the increased demand.
PRIOR CLIENT LIST:
- General Services Administration
- Department of Defense (DoD)
- Drug Enforcement Administration
- US Customs and Border Protection
- Broward County Schools
- Broward Warehousing
- Department of Veterans Administration
- Department of Environmental Protection
- Miami Dade, Broward Counties
- Public Housing Community Development
- Florida International University
- Multiple Local Municipalities
- State of Florida
- US Marshall Service
- US Attorneys
- US Coast Guard
- US Corps of Engineers
Reason For Selling:
Made enough wants to move on