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Construction - Demolition / Grading Contractor
Location California,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $2821920
Net Profit / Cash Flow $704000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1988
Number of Employees 1 - 3
Inventory 795000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train.
Reason for Sale Other ventures.
Description General Engineering Prime Contractor specializes in demolition, site work and commercial trucking. Currently all the company's activities are within the Southern CA area with a concentration in public works projects. Many agencies and school districts have used this company for decades. Business has a solid reputation for doing quality work at reasonable prices. Growth opportunities are both vertical and horizontal expansions for the right experienced contractor or contractor company. They have a full line of equipment to do demolition, concrete cutting, removal, excavation and grading. Owners, after 20 years, have other ventures they want to pursue.
Why You Should Consider this Acquisition Opportunity:
Funding set in place from bond issues 4 or 5 years prior. Not tied to residential real estate cycles. Work 95% from public agencies, commercial and schools; 5% residential.
Heavy equipment includes trailers, skid loader, caterpillars, tractors and trucks. Owner says it's the cleanest equipment out there. Included in the price.
Revenues have increased year over year. For year ending June:
> 2008 Expect $4 million.
> 2007 $2.8 million.
> 2006 $1.5 million.
> 2005 $775 thousand.
Building demolition approximately 75%, Interiors demolition 15%, Grading 10%. Owner is licensed responsible managing employee (RME) and open to employment contract to ensure successful transition. Need Demolition C-21 license and Engineering A license for site work.
All work in CA from Los Angeles to San Diego, Riverside and San Bernardino. Natural acquisition for ASB Abatement companies, or private developers not currently in public works, or contractors wanting to expand in this market area. Contact for more information on this Construction - Demolition / Grading business for sale.
Click Here To Contact Seller
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