Construction Company
Off-MarketNY
Construction Business
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$3,500,000
$700,000
20.0%
2024
30+ Days
Customers
Small-to-mid-sized projects for major commercial clients across the East Coast including fitness centers, Ikea, banks, supermarkets, and other commercial establishments. Services include carpentry, electrical work, plumbing, and general contracting.
Customer Acquisition
The business obtains work through job platforms, with significant repeat business and referrals from satisfied clients.
Team
The company uses 1099 independent contractors exclusively and subcontracts all work rather than maintaining W-2 employees. Approximately 30 to 40 people work on projects either directly or indirectly, with specific jobs staffed by different teams. The company also employs virtual assistants in the Philippines for administrative and secretarial tasks.
Owner's Role
The owner is 77 years old and serves as an advisor, indirectly involved and consulting daily on all major business issues. His daughter operates the business with hands-on involvement in all aspects of operations.
Reason for Selling
The owner is open to bringing in investors or new ownership with a gradual transition approach.
Contracts
Yes, it is project-based.
Real Estate
No
When Are You Looking to Sell
ASAP
Licenses Required
General Contractor license is required in majority of the states the company operates in including Pennsylvania, Connecticut, New York, and New Jersey.
Business ID: 1656
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