Highly Profitable business for sale. Net of 1.5M 1st quarter 2019!
Thirty plus year established site work contracting business in Southern California specializing in erosion control, drainage, sewer, water pipeline, demolition, residential,commercial developments and ongoing municiple contracts. Gas company certified.
Business has been approved by a preferred SBA lender in California. Never spent one dollar for advertising- just word-of-mouth referrals and dozens of satisfied customers.
The firm has a strong pipeline of roughly 2 million in committed future business and county contracts.
Over two million value in a full fleet of late model trucks and equipment. Clean books and taxes for many years.
Revenue Jan-March 2019 was $2.7M. Forecast is 8M total this year, up over 3M from last year.
About the Business
Number of Employees:
Building Sq. Ft.:
Firm has its own land yard and offices available for purchase or lease.
Owner and key staff will train buyer for a smooth transition
Ad Detail Views:
Asking Price: $5,250,000 Gross Revenue: $5,340,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $5,000 included in asking priceFF&E: $2,200,000 included in asking priceReal Estate: $1,400,000 not included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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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
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