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Building & ConstructionFor Sale

Established General Contracting & Custom Home Builder - Salem, RI Market Leader

Salem, Rhode Island

About This Business

This well-established general contracting firm has built a stellar reputation throughout Rhode Island's competitive construction market since 2014. Specializing in residential custom homes, commercial renovations, and large-scale remodeling projects, the company has consistently delivered quality craftsmanship that generates strong customer loyalty and referral business. With an impressive annual revenue of $3.35M and robust cash flow of $253K+, this operation demonstrates the profitability and sustainability of a mature construction enterprise. The experienced 25-person team includes skilled tradespeople, project managers, and administrative staff capable of handling multiple concurrent projects. The business maintains excellent relationships with local suppliers, municipalities, and a steady client base throughout southeastern Massachusetts and Rhode Island. Turnkey operations with established systems, licensing, and bonding in place. Owner retiring after a decade of successful growth and is motivated to find the right buyer to continue this legacy.

Financial Details

Asking Price
$875,000
Cash Flow
$255,000
Gross Revenue
$3,350,000
EBITDA
$205,000
Inventory
N/A

Business Details

Established
2014
Employees
25
Real Estate
Own
Reason for Selling
Retirement
Financing
No
Training
Yes

Deal Analysis

Estimated figures for analysis purposes only. Consult a financial advisor.

Price/SDE Multiple
3.4x
Price/Revenue
0.3x
DSCR
2.32
Cash on Cash ROI
97.5%
Down Payment (SBA 10%)$87,500
Loan Amount$787,500
Monthly Payment$9,144/mo
Annual Debt Service$109,723
Owner Salary$60,000
Cash Flow After Debt + Salary$85,277
Asking Price
$875,000
Cash Flow: $255,000

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