$15,000,000.00
Asking Price
Address: Charlotte, 28202.
Status: Active
Posting ID: 280842
11/1/23
Description
This multi-family residential construction general contractor is an S-Corporation. The original company was founded in 1991 with a 100% sale to the new owners in late 2016/early 2017 as part of a divestiture/retirement of a founding member of the prior company. The company is in the Southeast U.S. (exact location provided is broker’s location). The new owners have continuously owned and operated the company since January 1, 2017.
The company has two main project types, affordable housing and traditionally financed housing, which tend to be counter-cyclical. This allows the company to be somewhat insulated from broader economic forces that often plague siloed general contractors. The company has long-standing relationships with developers (as a source of revenue) and subcontractors (as a source of labor) throughout the Southeastern U.S.
The company surpassed $120M in TTM revenue with EBITDA of over $3M.
Both owners prefer to retain an equity position with the acquiring company and would like to continue to operate the business post-sale. However, they are open to a 100% exit under the right terms.
NDA required to receive a comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information:
Facilities: Two corporate office locations. Projects located throughout the Southeastern U.S.
Competition: The company faces regional competition and some larger commercial general contractor competition. However, existing relationships with developers tend to limit direct competition with most other general contractors.
Growth & Expansion: The current ownership has nearly doubled the company's revenue since taking over in 2016. The company is poised for continued growth in additional Southeastern U.S. markets and could readily support growth into geographically separated markets under the new leadership.
Financing: TBD if structure and terms are acceptable.
Support & Training: As needed specific terms for transition support can be negotiated. The seller wishes to facilitate a successful and smooth transfer of the business.
Reason for Selling: The current owners see tremendous growth potential under the leadership of new owners. The current owners can continue to operate and grow the business, but not to its full potential. Both owners would like to remain with the business post-sale in their current roles.
To get more information about this General Contractor - Multi Family, Residential business for sale in Charlotte please phone Rick Carlson (Agent - BRE License #:01820673) at 833-776-6682 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #280842 on BizBen.com. In addition to phoning Rick Carlson, make sure you email Rick Carlson above to get more info about this General Contractor - Multi Family, Residential, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01820673. ProNova Partners.
Contact
Phone: 833-776-6682 Details
Asking Price: $15,000,000.00
Down: Call/Email
Cash Flow: $3,500,000.00
Revenue: $120,000,000.00
Area: Charlotte
City: Charlotte
Attributes:
My Notes About This Listing
Cash flow
$182,986
Revenue
$384,569
Down
$23,000
Posting: 278325 | Available | 11/28/23
The building is custom-built for an oil changer/repair shop. The shop has 6 bays,(4 oil change pits and 2 repair bays) and is about 2,200 sq ft. The shop's primary business is oil changes, smog tests, tune-ups, brake works, A/C, and preventive maintenance. The owner is hands-on.
Asking Price
$148,000
Bldg Size
See Description
Typical Floor Size
Call / Email
Year Built
Call / Email
Posting: 282548 | Available | 11/24/23
Prime Commercial Property Investment Opportunity. 10.6 acres in the heart of Silicon Valley. 3501-3591 El Camino Real, Santa Clara, CA. Equity share and dividend opportunity for apartment, senior assisted living, hotel, and retail business development.
Asking Price
Call / Email
Cash flow
$210,000
Revenue
$600,000
Down
$329,999
Posting: 283531 | Available | 11/28/23
This business has great visibility and is located on a major and very busy street. It sits in a shopping center surrounded by well-known Franchises that are always busy which brings great foot traffic. My family and I are relocating to a different state. The landlord is ready to renew the lease.
Asking Price
$349,999
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 283152 | Available | 11/24/23
This is a ready-to-bill, clean, and accredited home health agency in Woodland Hills (Los Angeles County). It received its ACHC accreditation in 2023. The agency is currently $800 per month(2 rooms ). The buyer has the option of relocating the agency to a new location or keeping the location.
Asking Price
$150,000
Cash flow
$91,246
Revenue
$596,613
Down
$300,000
Posting: 278386 | Available | 11/28/23
Imagine discovering a retail business that not only offers beautiful and sustainable home, bath, and body products, but also actively works to reduce waste. This business has thrived during the pandemic, with strong sales leading to impressive revenue and earnings growth. With a physical store.
Asking Price
$300,000
Cash flow
TBD
Revenue
TBD
Down
Call / Email
Posting: 282550 | Available | 11/24/23
Prime Commercial Property Investment Opportunity. 10.6 acres in the heart of Silicon Valley. 3501-3591 El Camino Real, Santa Clara, CA. Equity share and dividend opportunity for apartment, senior assisted living, hotel, and retail business development.
Asking Price
Call / Email
Bldg Size
Call / Email
Typical Floor Size
Call / Email
Year Built
Call / Email
Posting: 282892 | Available | 11/27/23
This is a One-Stop Gas Station for all your convenience needs offering a wide range of high-quality products and services as well as the modern express car wash built in 2023. This asset is ideal for a 1031 exchange.
Asking Price
$12,500,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 278808 | Available | 11/27/23
The established 2-year agency is located in a desirable location. This 2.1 million earned premium agency is consistent with a preferred auto/homeowner customer base with an excellent opportunity for growth in cross sales as well as life/financial services.
Asking Price
$511,450
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283225 | Available | 11/24/23
Our drug/detox facilities are licensed by CDPH and accredited by The Joint Commission, an esteemed and fully equipped center dedicated to helping individuals overcome addiction and reclaim their lives. Both facilities are located in a serene and accessible location.
Asking Price
$1,250,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283961 | Available | 11/29/23
An amazing opportunity awaits you with this charming restaurant that can seat up to 100 people and includes a spacious dance floor. This restaurant is the perfect destination for dining and hosting private events like weddings, corporate gatherings, birthdays, and more.
Asking Price
$399,900
Cash flow
$174,802
Revenue
$759,686
Down
$600,000
Posting: 278351 | Available | 11/28/23
This iconic 40-acre property produces award-winning Pinot Noir and Gris for sale through the onsite tasting room or online through their 1000+ member wine club. The main building, patio, and surrounding gardens may be rented for weddings, and corporate events.
Asking Price
$600,000
Cash flow
$92,305
Revenue
$228,291
Down
$200,000
Posting: 278385 | Available | 11/28/23
This is a consistently profitable commercial interior plant service business. The company has been operating for over forty years with a stable client base. Business serves the SF Bay Area with clients from the Peninsula to the greater East Bay. Buyers should already have facilities to run.
Asking Price
$200,000
Total Investment
$297,000
Min Liquid Cash
$150,000
Net Worth
$150,000
Posting: 284069 | Available | 11/30/23
PLN is a subscription-model personalized nutrition service providing prepared meals with centralized production and a community-centric culture.
Franchise Fee
$30,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 283476 | Available | 11/25/23
Here lies an extraordinary chance within the automotive industry. Previously functioning as a franchise, this particular establishment has now transitioned into an independent automotive maintenance store, presenting an unparalleled opportunity for ownership.
Asking Price
$249,999
Cash flow
$128,248
Revenue
$535,833
Down
$50,000
Posting: 278443 | Available | 11/28/23
This 3-in-1 home & garden retail and maintenance business with an online presence has been established since 1996. In 2022, the gross sales were broken down into 20% installations, 34% maintenance, and 46% retail. It offers installation and ongoing maintenance services for ponds. Excellent earnings!
Asking Price
$350,000
Cash flow
$424,176
Revenue
$1,650,950
Down
$130,000
Posting: 278378 | Available | 11/28/23
Own this spa retail business with consistent profit. Over 40 years in high-quality spas, exercise spas, and aquatic fitness systems. They have a beautiful open showroom floor exhibiting the finest in backyard accessories and pool automation systems.
Asking Price
$1,300,000
Cash flow
Call/Email
Revenue
$584,000
Down
Call/Email
Posting: 283306 | Available | 11/28/23
This long-established, highly respected real estate staging company serves the always-booming Silicon Valley market. A great reputation, in business for 16 years, a diverse customer base, and efficient operations. Some seller financing may be available for a qualified buyer.
Asking Price
$499,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283881 | Available | 11/30/23
Welcome to the Heart of Glendale: A Stunning, Fully Remodeled Restaurant with Immense Potential.
Asking Price
$1,100,000
Cash flow
Call/Email
Revenue
$1,800,000
Down
Call/Email
Posting: 283295 | Available | 11/27/23
This Silverlake restaurant and bar with liquor, onsite parking, and excellent street visibility boasts what may arguably be the most coveted outdoor patio in the area. The restaurant has 2 separate interior dining areas that open into an adjacent 12-seat bar as well as its outdoor patio and office.
Asking Price
$3,450,000
Cash flow
$180,000
Revenue
Call / Email
Down
Cash
Posting: 248011 | Available | 11/28/23
Reduced Price. Fast food free standing restaurant with drive thru. Located on a Major corner intersection on a main street. Excellent books and records. Monthly Rent: $4,000. Lease has 17 years left. Open 7 days. Sunday - Thursday, 6am - 9pm + Friday - Saturday, 6am - 10pm. Price reduced $450K.
Asking Price
$450,000
Cash flow
$236,850
Revenue
$1,412,659
Down
$395,000
Posting: 282871 | Available | 11/24/23
This long-established glazing contractor does new installation work in a specialty niche, with far fewer competitors than other glass companies. Over $1MM in revenues annually, over 50% gross profit, and a great reputation in the industry. This is a great opportunity with high margins.
Asking Price
$395,000
Cash flow
$80,000
Revenue
$286,184
Down
$135,000
Posting: 273276 | Available | 11/24/23
This specialty maintenance firm has provided post-construction cleaning services to general contractors (60%-70% of the business), architects, and upscale homeowners in the greater Los Angeles area for over 12 years. The majority of the company's business is now recurring and referral based.
Asking Price
$135,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283343 | Available | 11/28/23
An exceptional opportunity awaits! This reputable hair salon, situated in the heart of Fremont Blvd, Fremont, California, has been flourishing since 1990. Boasting a prime location just moments away from several schools, it benefits from a constant stream of foot traffic and loyal patrons.
Asking Price
Call/Email
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 279812 | Available | 11/27/23
This well-established award-winning Agency has been serving the Wilmington area since 1986. The office is located between several major cities on the East Coast and has a diverse population of many rich cultures and communities.
Asking Price
$680,000
Cash flow
$400,000
Revenue
$1,100,000
Down
Call/Email
Posting: 272547 | Available | 11/28/23
For sale is a professional service company providing written translation and oral interpretation services in 200 languages for clients worldwide: government agencies, NGOs, business entities, etc. The business has an extensive team of language experts and a broad client base, and operates virtually.
Asking Price
$1,495,000
Total Investment
$543,000
Min Liquid Cash
$200,000
Net Worth
$200,000
Posting: 284007 | Available | 11/30/23
Take a BITE out of the pet care industry with five key revenue drivers in one modern facility! Founded in 2009 by a visionary who had spent years in research and planning for an all-inclusive dog care facility, The Dog Stop, has now developed throughout 21 states.
Franchise Fee
$49,500
Cash flow
$1,000,000
Revenue
$9,000,000
Down
Call / Email
Posting: 278933 | Available | 11/28/23
Earthwork construction company - grading, asphalt paving for renovation & new construction projects, plus asphalt & concrete repairs and maintenance for recurring commercial & public customers. 30 skilled employees with capable non-owner management. Extensive equipment & vehicles. 37-year history.
Asking Price
$4,995,000
Cash flow
Call/Email
Revenue
$600,000
Down
$50,000
Posting: 283284 | Available | 11/27/23
In the heart of Hollywood, our 12-year-old Indian restaurant pairs culinary artistry with innovation. It boasts a $1.2M pre-COVID revenue, esteemed university and corporate partnerships via Fooda, and an expansive menu thanks to 10 virtual brands.
Asking Price
$250,000
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