Established Commercial Masonry Contractor, 23-Year New Mexico Operation

Full Editorial Writeup

This is a 23-year-old licensed commercial masonry contractor based in Albuquerque, New Mexico, serving general contractors, architects and owners across commercial, industrial and restoration work. The company specializes in segmental retaining walls built from the ground up, alongside CMU, brick, stone veneer and masonry repair. It has built its reputation on quality and reliability rather than lowest-bid pricing, which is the kind of positioning that holds up when amateurs flood in on price.

The operating story here is labor, not demand. The business runs on a trained, experienced crew of 21 full-time employees plus 4 superintendents/supervisors, a meaningful asset in a trade facing a severe skilled-mason shortage. Most revenue comes from repeat contracts with established commercial builders, giving the business dependable bid flow and relationships that a new competitor cannot easily replicate.

At $2.9M revenue and $924,578 cash flow (roughly 32% margins), this is a genuinely profitable trade business priced at 1.35x cash flow. The New Mexico construction pipeline is backed by advanced manufacturing, federal labs, military bases, healthcare and education, and the owner is retiring with a 12-month transition commitment. The real estate is owned but offered separately for $975,000, so the asking price is for the operating business only.