Looking for a buyer.
This commercial and industrial construction general contractor was founded in 2006 after the founder determined that the construction general contractor that he was working for was on a path to being sold. The Company was extremely successful and grew substantially under his leadership. The current owner is the son of the founder and has built and managed several successful businesses over the years. The current owner purchased the business in 2019 and helped the founder further develop a strong leadership team that could operate the company independently from the company’s ownership. The Company acquired a competitor in mid-2022 and has now fully integrated the two company’s operations into one, cohesive unit. The combined entity has enjoyed higher margins, a strong pipeline, depth of talent and resources, and an incredibly strong brand in the Charlotte market. The company surpassed $19.3M in TTM revenue and over $2.6M in adjusted TTM EBITDA###-###-#### is on track to eclipse $22M in revenue with $3.1M in TTMM EBITDA. With a strong pipeline of exclusive work built on decades of trust, the company shows no signs of slowing down. NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners. Detailed Information Facilities: One corporate office that is leased for $3,845 per month. Competition: The company has three main local competitors that each rely on the relationships that have been built for decades. The company faces little competition from larger, regional, or national general contractors since most of their projects are on a smaller scale than what larger GC’s will tackle. Growth & Expansion: The company’s existing relationships have established a strong pipeline and the recent acquisition has opened the door to substantial growth. Additional growth can readily be achieved through the addition of strategic talent that can complement the company’s current operations. 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 owner wishes to pursue other opportunities.

listing type
exclusive representation
industry
Construction
location
Charlotte, NC, USA
revenue
$19,363,000
ebitda
$2,750,000
proposed price
$11,000,000
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