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Hudson Valley NY

  • Listing No.: 215-20682

  • Category: Construction

Asking Price $1,950,000
Down Payment $1,500,000
Gross Revenue $2,782,674
Total Adjusted Net Income $497,758
Equipment / Fixtures $150,500
Year Established 2014
General Location Hudson Valley NY
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Since 2014 the Company has provided residential and commercial contracting services to the Hudson Valley. The Company was started by four partners who operated their own businesses prior to starting this business venture. The Company derives a good part of its revenues from a  partnership with a remediation company who refers insurance repair work for residences damaged by fire, mold, and water damage. This business is recession proof and provides a solid baseline for repeat business. The Company receives other business from client referrals and its website and it is turning away business due to manpower and capacity so there is room for expansion. Due to COVID 2020, numbers were down from closure so 2019 financials with comparatives to 2018 and 2017 are presented. 2020 financials are furnishable upon request.

Gross Revenue $2,782,674 Listed Price $1,950,000
Total Income $497,758 Down Payment $1,500,000
Base Rent $950 Square Feet 2200
Total Rent $950 Lease Expiration
Rent Deposit Lease Options Month to Month
Inventory Not Included Leasehold Improvements $0
Equipment / Fixtures $150,500 Other Assets
Full-Time Employees 10 Training Period 1 Month
Part-Time Employees 2 Special License Required No
Contract Staff 4 Reason for Selling Owners want to pursue other business interests.

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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