Business Summary:
Business for sale is a Tile, Marble, and Stone installation and fabrication contractor specializing in the Hotel industry in Honolulu, Hawaii. They are one of the largest contractors on Oahu and have been in business more then 20 years. The local Hotels and resorts like to work with them because they are one of the few specialty contractors who are capable of handling larger contracts. They charge less, do a good job and often in less time then their competitors. The barriers to entry for other small contractors are significant. To bid on the larger contracts you have to have a big crew, general liability, health and workers comp insurance, and have an established track record and reputation to compete. The company\'s Registered Managing Employee (RME) would be willing to remain on board for the right buyer. Therefore the ideal new owner does not need to have a strong construction background. They do need to have a solid business background. At a minimum, the new owner must have strong leadership skills that can manage a sizable crew of skilled construction workers, and can also interface with the construction managers of large hospitality businesses on the local islands. The business has declined in 2009. The numbers are YTD 2009 thru November. The business is starting to improve again. They currently have contracts worth @$900,000; most of which has come in the 4th quarter. The owner is selling for personal reasons and is motivated. He will provide some Seller financing. Interested parties should register as a buyer online atwww.BizEx.net and call Michael S. Davidson at (888) 602-4939 ext 101 for more details on this exciting opportunity!
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