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Virginia Beach

  • Listing No.: 200-00018

  • Category: Construction

Asking Price $250,000
Down Payment $250,000
Gross Revenue $528,000
Total Adjusted Net Income $122,047
Equipment/Fixtures $250,000
Year Established 1997
General Location Virginia Beach
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Niche construction design firm in Hampton Roads area for sale.  Been operating for over 20 years with a great reputation and most all of their business is generated from word of mouth.   Currently, they turn down business, because owner has decided to only keep current staff busy and not wanting to add additional staff.  Operates during regular business hours, good quality of life, skilled staff, consistent profit year over year.   Owner will to help assist in ensuring a very smooth transition to all new clients.  

Gross Revenue $528,000 Listed Price $250,000
Total Income $122,047 Down Payment $250,000
Base Rent $2,350 Square Feet 1983
Total Rent $2,404 Lease Expiration 2/2020
Rent Deposit $1,800 Lease Options
Inventory Not Included Leasehold Improvements $29,000
Equipment/ Fixtures $250,000 Other Assets The software alone is worth over 200k+
Full-Time Employees 5 Training Period 2 weeks
Part-Time Employees 1 Special License Required
Contract Staff 0 Reason for Selling Retirement

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.