Business Description

This established contracting company specializes in renovating condominium buildings, focusing on common areas, exercise rooms, community rooms, and reception areas. They also provide services for commercial offices, restaurants, private clubs, and medical office spaces in the greater Washington, D.C., Maryland, and Virginia metropolitan areas. Known for their high operating margins and profitability, the company operates in a recession-proof market where property appearance and value maintenance are essential. Having undergone a thorough review and appraisal by a reputable valuation firm, the company has been valued at 3.6 times EBITDA in 2023. The deal includes a comprehensive valuation report and $20,000 in Net Working Capital. With the proposed deal structure, an owner-operator stands to gain over $215,000 in annual after-acquisition-debt cash flow in the first year, offering a return on equity investment of almost 110%. All financial data is based on verified and signed tax returns, ensuring transparency and accuracy in the assessment. This contracting business presents a