Business Overview
About the Company
This business has been serving the North Country of New Hampshire and surrounding areas for many years. Based in Coos County, they provide myriad contractor services in the Commercial, Government, and Industrial markets. Their market area encompasses work primarily within a 70-mile radius.
Commercial construction in NH remains strong, with increasing demand, according to NH industry leaders who took part in Business NH Magazine’s recent commercial construction roundtable. Their general feeling is that there is plenty of work available and if you lose one proposal, there is always another opportunity coming along. The construction sector has grown by nearly 10 percent over Vermont and other similar markets and New Hampshire’s economy is booming, and there is plenty of work out there right now. Hospitality, assisted living, and health care are investing in infrastructure, and warehousing is making a comeback. Municipalities are also building, including fire stations and libraries.
Facilities:
Offered for sale is the business entity, including all tangible and intangible assets. The buildings have been well maintained and all are functional and in very good condition. The furniture, fixtures, and equipment included in the sale are in good to excellent condition. The equipment is well taken care of and serviced regularly. Capital expenditures average between $50,000 and $150,000 for purchases of new equipment and vehicles.
Real Estate Available: No
Real Estate Included: No
Detailed Information:
Lender Prequalified: No
SBA Prequalified: No
Rent: 5500
Owner worked hours per week: 40
Is Going Concern: Yes
Market Competition: There are a few local competitors who provide a similar scope of services that this company does, but they do not offer the same level of in-house services or diversity of services. This business’ longevity in the market, solid reputation, long-term relationships with clients, long-term employee retention, and strong referral network have allowed them to create and maintain what they feel is a larger market share over their competitors.
