Central MN Niche General Contractor, Government contracts

Nearly 40-year-old General Contractor serving the greater central MN area. The Company works specifically with local and state government contracts to building/remodeling schools, parks, govt buildings and facilities. Key management in place to run day to day operations. Year over year growth. 2024 has numerous contracts in place, with substantial limited competition bids also out for review, with expected revenue to significantly exceed 2023 numbers. Ideal buyer to be either another GC looking to gain access or expand into local and state govt projects. Customer radius of about 100 miles. Owners work 20/hrs each per week. Owners looking to retire.

Sunbelt Listing ID: 54754


Listing ID:
54754
Industry:
Construction
Location:
Minnesota
Revenue:
$2,462,371
Business Price:
$1,850,000
Down Payment:
$200,600
SDE (Cash Flow):
$773,174
Listing Agent:
Dan Arcand
FF & E:
$338,000
Years in Business:
20+ years
Employees (Full-Time):
8
Employees (Part-Time):
2
Reason for selling:
Retirement
SBA Financing Available:
Yes

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