Construction Company - Commercial

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Very Profitable Commercial Construction Company
Asking Price:
$2,699,000

Gross Revenue:
$9,000,000
Cash Flow:
$1,000,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

This highly profitable company does commercial and public works construction that specializes in general contracting, structural and non-structural concrete and masonry. The company is well established and does not have to market to get new clients. Sales have increased by 95.6 % from 2015t o 2017 and are projected to continue to increase from 2017 to 2018 based on the current backlog. The company has approx. 30 employees and the key employees have been with the company for many years. A new owner with additional working capital could grow the company significantly more. Seller would consider staying on with the right buyer, and would also be willing to finance a significant portion of the purchase.

Approximately $9m in current backlog. Projected adjusted net income for 2018 over $1M on an accrual basis.

Numbers for gross income and net income in this listing are projected for 2018 based on current backlog. All numbers are on an accrual basis.

All potential buyers will need to complete Empire Business Solutions confidentiality agreement and buyer's profile to get additional information.

CA DRE License #01265612

About the Business

Year Established:
1990
Number of Employees:
30
Real Estate:
Leased
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Seller will provide training and would be willing to stay on for up to two years

Listing Info

ID:
1498242
Ad Detail Views:
1809

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$
months
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Business Listed by

Larry Lerner

Empire Business Solutions

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Report an Issue 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 & Conditions.
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