William Prince
Douglasville, GA (USA)
Role(s):
Prince Ventures, LLC
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Startup
Location:
Douglasville
Industry:
Construction
Year Founded:
1964
Number Employees:
INVALID
Description:
What is now Prince Ventures, LLC was started by my father, Bill Prince, in 1964. After 40 plus years as a subcontractor Prince is positioned as a civil based general contractor and preform publicly bid bonded projects exclusively for governments and municipalities.
On an accrual bases Prince grossed over $550,000 with a $4.2 million gross in 2007.
Prince has over 3 million under contract or the apparent contract winner on from 1-1-08 to present.
Prince currently has over $200,000.00 of the money is tied up in retainage. Prince holds retainage on our subcontractors. Of the $200,000.00 in retainage that is owed to Prince Prince owes our subcontractors approximately $50,000.00.
Although Prince is a very profitable company and have $200,000.00 in an untouched line of credi