Buying A Construction Business -
You look for "vague scopes" in existing contracts—phrases like "as necessary" that could lead to massive cost overruns or disputes after you take over. 3. Structuring the Deal
You move past top-line revenue to look at real EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization). You verify tax returns against bank statements to ensure the profits are real. buying a construction business
Once a target is found, the process enters a "draining" 10-month period of due diligence. This is where most deals succeed or fail. You look for "vague scopes" in existing contracts—phrases