“Very skillful in overcoming unexpected challenges.”

Zuhair Qazi
President, Sober Clarity


“Vasilis worked tirelessly to maximize the price of my business and helped protect my interest. ”

Robert Gutierrez
CEO, Brightstar Care Thousand Oaks


“CrossRoads accomplished what two other Brokers before couldn’t. Very professional and skilled in negotiations.”

Jeffrey B. Meltzer
President, Universal Hardwood


“Confidence without ego. impressive knowledge and diverse experience. Solid results quickly.”

Steve Traino
President, Candy Direct, Inc.


“Professional and efficient services with timely information flow.”

George Koutures
President, AMBCO Electronics, Inc.


“An unmatched ability to forge a solid alliance between the parties in a win-win approach.”

Dov Lazarus
President, One Stop Undercar


“Highest professional standards in positioning and promoting the sale of my business.”

Jason Moore
President, Alexis Services, Inc.


“In my 30 years in Commercial Banking, CrossRoads ranks among the best.”

Barry Katz
Vice President, SBA Lending Community Bank


“Finding a Buyer for my size business was like finding a needle in a haystack. CrossRoads did it!”

Tafa Jefferson
CEO Amada Senior Care


“Solid selling process that produced results in a tough market. Highly recommended.”

Kitty Meyers
Owner, Synergy HomeCare Inland Empire


“If there are Buyers out there, the CrossRoads process will find them. They did for my business.”

Dan Goodman
CEO, Eilatan, Inc.


“CrossRoads did an impressive job representing my business. They actually do what they say they will!”

Jack Winn
Owner, Jack Winn Salon


“If you are looking to sell your business, Vasilis Georgiou is the choice: The right knowledge and temperament that get results”

Nayda Poblete
President, Home Instead Costa Mesa


“Very efficient and detail oriented approach. CrossRoads made the transaction smooth and handled every step.”

Lolita L. Cruz
Owner, Comfort Keepers Laguna Niguel


“The service went above and beyond. Made the process stress free”

Kelleen Corfield
Buyer, Comfort Keepers Laguna Niguel


“Smooth sales process and transition. CrossRoads’ extensive knowledge and experience was a great help!”

Jim and Yuko Fletcher
Owners, Home Helpers Senior Care, Laguna Hills, CA


“Mr. Georgiou’s professionalism and calm encouragement made all the difference in the world!”

Kelly Dunn & Nancy Bever
Owners, Caring Matters Home Care


“Thank you for all your diligence and hard work! It would not have happened without you!”

Denis Royer
President, Carpet Club


“Informative, honest, steady, professional, and always supportive. Great Guide.”

Mary and Larry Farmer
Owners, Right at Home of Albuquerque


“Diligent, obviously very experienced. Results-oriented.”

Bruce Sobol
CEO, Brentwood Electrical Contractors


“Vasilis and CrossRoads earned my respect and appreciation and I would recommend him to anyone looking for a Business Broker.”

Dane Gibson
Owner, Amada Senior Care of Roseville


“I'm grateful to have found CrossRoads, and I recommend them wholeheartedly.”

Remy C. Rippens
Owner, Clavel Home Care


“Vasilis Georgiou was the ultimate professional throughout the sale of my business. A+ rating for CrossRoads. And I mean it. :)”

Carol Boettcher
Co-Owner, SpeakerPower, Inc


“Vasilis is a Master of the business sale process. He earned his fee many times over. Best move I could have made.”

Brian Oppegaard
Co-Owner, SpeakerPower, Inc.


“Vasilis “talked me off the ledge” several times along the way with his graceful support. I happily recommend him to anyone who wants to sell their business."

Doug Garrett
President and CEO of Garrett Engineers, Inc.


“We highly recommend CrossRoads and Vasilis. You need an experienced and knowledgeable person to guide you and Vasilis Georgiou is that person!"

Bill and Donna Hoover
Owners, Care4You In Home Care


“CrossRoads made the process very comfortable for us despite making a decision of enormous importance."

Jeff and Reem Hufnagel
HWC Yorba Linda


“CrossRoads worked with efficiency and professionalism and I would highly recommend their service."

Scott Kaeser
EVP, UAS, Buyer of CitiGlobal


“Trustworthy, patient, and responsive. We highly recommend CrossRoads."

Michael and Lori Renaud
Acti-Kare


“CrossRoads is an amazing resource. Highly trusted in complicated situations."

Tarun Bhardwaj
Buyer, Acti-Kare


“Produced results very efficiently and timely. We highly recommend CrossRoads."

Tim Hatamian, CEO
Pacific Lighting & Energy Mgmt. Co.


“I wholeheartedly endorse and recommend Crossroads Business Brokers as the go to brokerage professionals."

Michael S. Robirds, Owner
Amada Senior Care


“Your deal process and handling of the transaction was top rated."

Peter Chen, CEO
EJK Products


“You have been fantastic to work with and I’d recommend you to anyone looking to buy or sell."

James Cote & Patrick Vollmer, Principals
Alternative Molding Concepts


“Thorough and made the experience easy. You were there anytime we needed you."

Bob Purkiss, President
Visiting Angels Lindsay, CA

Major Construction Management GC in NV_CA_UT

Nevada

Price: $16,750,000

Cash Flow: $3,500,000

Total Sales: $108,000,000

EBITDA: $3,350,000

FFE: N/A

Inventory: N/A

Year Established: 1998

DESCRIPTION:

Projects under Contract (next 5 years): 1.2 Billion

GP of Projects Under Contract: 40MM

Established in 1998, this is a well-established Company that specializes in all aspects of Construction Project Management working primarily with large commercial development projects.  The Company has a fundamental philosophy of a hands-on client-focused approach to both General Contracting and Construction Management, integrally involved in every phase of the projects.  Its strength lies in its established ability to proficiently organize, lead, and manage complicated projects successfully through all phases of the design-construction process, utilizing consistent leadership and time-tested proprietary processes and procedures.   

The Company's revenue is well diversified across multiple large projects; 80% of the projects are obtained via referrals or repeat business, having built a solid reputation on trust and integrity by upholding the highest standards of professional conduct.  The Company has a backlog of projects in NV, CA, and Utah for the next 5 years with a total contract value of 1.2 billion, and an estimated projected Gross Profit of $40MM.

The Company is a General Contractor and Construction Manager specializing in design-build, design-assist, negotiated, or bid commercial construction projects in the following sectors: Resort, Gaming & Hospitality, Sports & Recreation, Hotel & Timeshare. Restaurant & Retail, Office-Government, Multi-family, Education, Infrastructure.

The Company provides a comprehensive project management portfolio of services tailored to the specific needs of each client.  Services include Planning, Budgeting, Estimating, Bidding-Buyout-Contracting, Logistics, Scheduling, Procurement Coordination, and Cost Management.  The Company is licensed in Nevada, California, and Utah, with extensive experience in mountain / snow country construction, including the regulatory requirements of the Tahoe Regional Planning Agency (TRPA).

The services provided by the Company are in high demand by many of the largest owners. designers, builders, and multi-family developers active in the greater Reno-Sparks-Fernley MSA, which is one of the fastest growing economic regions in the Western U.S.   According to the State of Nevada's most recent publication, the region is home to a population of more than 550,00 and continuing to expand with many large companies opening large manufacturing facilities in the region. 

The Business operates out of an 4,600 SF office/warehouse, with 21 employees, of which more than 18 are in the field.  The Company has a well experienced and established management team.  The team consists of project managers, superintendents, and engineers.

The Company is highly differentiated as follows:

  • Consistent growth and profitability year after year since inception in 1998.
  • The current Owners do have management role in the day-to-day operation of the business resulting in an efficient and nimble decision-making approach.
  • Hundred of year in construction experience
  • A++ list of corporate clients: 1) hospitality industry (Condos/hotels) with over 5,000 units built, 2) High-end Multifamily Developers ((condos, timeshare).
  • Ranks extremely high among its peers in performance and competence.
  • It operates in the Reno, Tahoe, N. CA, and Park City, UT. Previously has done project in CO, Iowa, S. CA and AZ.

Revenue for the industry has fallen over recent years as the COVID-19 pandemic put the brakes on growth, with industry revenue falling consistently since 2020. Decline continues with a 0.4% drop in 2023 alone, which is largely a result of rising interest rates limiting customers' access to capital. Prior to the pandemic, the Construction sector (IBISWorld report 23) trended upward, propelling industry revenue growth. Rising per capita disposable income facilitated consumers to spend more while falling unemployment, improving business sentiment and accommodative

interest rates led many businesses to expand. The downturn in construction markets caused by the pandemic then negated previous revenue growth. Overall, industry revenue has fallen at a CAGR of 3.3% over the past five years to reach $230.7 billion in 2023. Commercial construction saw its largest decline in 2021 as the pandemic caused work stoppages. The supply chain

issues in the wake of the COVID-19 pandemic have increased purchase costs, softening industry profitability. Also, office rental vacancy rates have been elevated since 2020, hurting industry demand.

Industry revenue growth is set to return moving forward as the value of private nonresidential construction increases throughout the period. Also, office rental vacancy rates will fall after spiking amid the shift to a work-from-home model during the pandemic, with falling vacancies driving office construction. Overall, industry revenue is set to grow over the next five years at a CAGR of 1.7% to $250.5 billion in 2028.

LISTING DETAILS:
Total Sales: $108,000,000
Cash Flow: $3,500,000
EBITDA: $3,350,000
Reason For Sale:

Personal

OPERATION:
Year Established: 1998
Employees: Currently, @ 21, Office 3 (Field: 18)
LOCATION:
Square Footage: 4,600 plus warehouse. Leased
SUMMARY:
Potential Growth:

Explosive growth

For more information on this listing, please complete our Non-Disclosure Agreement
CONTACT DEAL OWNER

Vasilis Georgiou

Phone: 949-753-2825
  • Hidden
  • Hidden
  • Hidden
  • This field is for validation purposes and should be left unchanged.