Listing Number: 041621-864143
Description
Seize this exceptional opportunity to acquire a thriving construction company specializing in hotel construction for major chains across the United States including Choice, Wyndham, Marriott, Best Western and Extended Stay, as well as major retailers Dollar General and Ross. With over 7 years of experience, this business has built a sterling reputation in the industry, known for its efficient, solutions-focused, and on-budget services.
The company provides services nationwide, catering to major hotel chains, and has demonstrated impressive financial growth with revenues exceeding $34,000,000 in 2023. It boasts exceptional employee retention and satisfaction, supported by ongoing training and resources, which contribute to its competitive advantage. To guarantee the continued success of the company the owner is willing to stay on for an extended period for a smooth transition
Located in a spacious 3,250 square foot office building in Lombard, the business operates with well-maintained assets that are in excellent working condition. Positioned in an essential and high-demand industry, there is significant potential for continued expansion. This well-established and profitable company is poised for further growth in the booming hotel construction sector. Don’t miss the chance to own a company with a stellar reputation and a robust foundation for future success.
Listing Details
- Price: $ 2,500,000
- Down Payment: $2,000,000
- Sellers Discretionary Earnings: $ 795,554
- Total Sales: $ 34,713,698
- Location: Lombard, DuPage County, Illinois
- Inventory: $ 0
- FF&E: $ 10,000
- Employees: 111
- Year Established: 2017
- Reason for Selling: in need of equity partner
- Category: Construction
