$1.78M SDE Water/Wastewater Contractor, 25+ Yr. (Unbroker Exclusive)
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$23M Contracts Underway, CA Public Works Niche
• Unbroker FairVal™: $9,171,000
• $7,950,000 Asking Price
• $11,363,000 Gross Revenue (2025)
• $1,784,000 SDE (2025)
• $650,000 Equipment and Vehicles Included in Sale
• $23.3M Contracts in Progress Plus $5.3M Pending Award (6/30/26)
• 25 Employees Including Three Foremen With 35+ Years Each
This Riverside County, CA general engineering contractor builds and rehabilitates water and wastewater infrastructure for public agencies across Southern California: treatment plant and filter rehabilitation, well equipping, booster pump stations, lift stations, storage tanks, standby generators, and installation of mechanical equipment such as bar screens and conveyors. Site work and park projects round out the mix. Every job is bid fixed-price, and prequalification with multiple public entities is already in place.
Customers are municipal and district water and wastewater agencies plus a private water utility that maintains a tightly controlled approved-contractor list; that invited channel has run roughly a quarter to a third of annual volume and draws far fewer bidders. Awards are individual contracts rather than recurring accounts, though agencies that have used the company before keep sending new projects out to it for bid.
A general manager with an engineering degree oversees project management, job costing, scheduling and the office. A degreed project manager, an assistant project manager, two estimating assistants, an office manager and three field foremen with 35-plus-year careers fill out the organization, and many field employees have been in place 15 years or more. The owner works 24 to 40 hours a week as chief estimator and safety manager, so a buyer should plan to add or develop estimating capacity.
The equipment fleet, prequalifications, project history, agency relationships and the in-progress contract book transfer with the sale. Best suited to a civil, utility or paving contractor expanding into Southern California, or an operator who can qualify for the contractor's license and bonding.
Disclaimer:
Unbroker LLC does not guarantee the accuracy or completeness of the information provided in this listing, as it is supplied directly by the seller. Prospective buyers are strongly encouraged to conduct their own due diligence. Any real estate represented as part of this transaction is sold directly by the business or property owner and not by Unbroker LLC.
• $7,950,000 Asking Price
• $11,363,000 Gross Revenue (2025)
• $1,784,000 SDE (2025)
• $650,000 Equipment and Vehicles Included in Sale
• $23.3M Contracts in Progress Plus $5.3M Pending Award (6/30/26)
• 25 Employees Including Three Foremen With 35+ Years Each
This Riverside County, CA general engineering contractor builds and rehabilitates water and wastewater infrastructure for public agencies across Southern California: treatment plant and filter rehabilitation, well equipping, booster pump stations, lift stations, storage tanks, standby generators, and installation of mechanical equipment such as bar screens and conveyors. Site work and park projects round out the mix. Every job is bid fixed-price, and prequalification with multiple public entities is already in place.
Customers are municipal and district water and wastewater agencies plus a private water utility that maintains a tightly controlled approved-contractor list; that invited channel has run roughly a quarter to a third of annual volume and draws far fewer bidders. Awards are individual contracts rather than recurring accounts, though agencies that have used the company before keep sending new projects out to it for bid.
A general manager with an engineering degree oversees project management, job costing, scheduling and the office. A degreed project manager, an assistant project manager, two estimating assistants, an office manager and three field foremen with 35-plus-year careers fill out the organization, and many field employees have been in place 15 years or more. The owner works 24 to 40 hours a week as chief estimator and safety manager, so a buyer should plan to add or develop estimating capacity.
The equipment fleet, prequalifications, project history, agency relationships and the in-progress contract book transfer with the sale. Best suited to a civil, utility or paving contractor expanding into Southern California, or an operator who can qualify for the contractor's license and bonding.
Disclaimer:
Unbroker LLC does not guarantee the accuracy or completeness of the information provided in this listing, as it is supplied directly by the seller. Prospective buyers are strongly encouraged to conduct their own due diligence. Any real estate represented as part of this transaction is sold directly by the business or property owner and not by Unbroker LLC.
About the Business
- Years in Operation
- 27
- Employees
- 24 Full-time
- Facilities & Assets
- Operations run from roughly 2,600 sq ft of leased office space in Riverside County, CA at $3,120 per month, currently rented from an entity related to the seller, plus a small equipment yard and storage. Approximately $650,000 of equipment and vehicles is included: Kobelco and Hitachi excavators, Caterpillar backhoes and loaders, Bobcat skid steers, a John Deere mini excavator, a roller, trailers, work pickups and office equipment. There is no inventory to purchase and facility overhead is light relative to contract volume, so a buyer inherits a working fleet rather than funding equipment on day one. Two personal-use vehicles are excluded from the sale.
- Market Outlook / Competition
- Demand comes from aging treatment plants, regulatory compliance deadlines and supply-reliability projects, all funded by public agency capital budgets rather than discretionary consumer spending. The seller counts roughly a dozen bidders in this Southern California water and wastewater niche and about four he considers genuinely strong. Most solicitations require bidders to document comparable completed projects of similar size and scope within a recent window, so more than 25 years of plant, pump station and well-equipping work functions as a qualification barrier newcomers cannot shortcut. The private water utility's approved-contractor list is a further screen and a less price-driven channel. Public work is still awarded on low bid, so reputation and qualifications improve access to opportunities rather than guarantee awards.
- Opportunities for Growth
- Three levers the seller identified but never staffed sit open for a buyer: school district projects, where prequalification thins the bidder pool and solicitations are constantly available; an asphalt paving division, attractive because material-heavy bids carry a lower labor-cost ratio; and state transportation work, which puts out more projects than any other public entity and often uses time-and-materials contracts rather than hard bid. Adding a second estimator is the practical unlock, since the company's completed-project history already qualifies it for larger scopes than it currently bids. A buyer with existing bonding capacity and management infrastructure could also carry the same license and crews into adjacent Southern California counties.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,600
- Rent
- $3,120 per month
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- The seller will provide a structured transition covering estimating, safety administration, and insurance and bonding relationships, and is prepared to fund retention incentives for key long-tenured employees. A buyer will need to add or develop chief estimating capacity and qualify for the contractor's license and bonding.
Listing Info
- ID
- 2537697
- Listing Views
Listing ID: 2537697 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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