Business For Sale Listing 152435
Engineering/Public Demolition Contractor-OC
Status as of Nov-21-2008 at 06:00 PM: Active
Business Summary
General engineering prime contractor specializes in demolition, site work and commercial trucking with concentration in public works projects. Not tied to residential construction. Currently all the company's activities are within the Southern CA area. 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 included in the price. Revenues have increased year over year.
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.
Strengths:
Impeccable reputation with school districts, public and private colleges, universities and public agencies, and Cal-Trans. Started in 1988.
Strength of assets (equipment), resume of company, and trust. Surety never had to step in. No accidents, no injuries, no workers comp claims, no litigation. Clean record. Excellent books and records.
Categories
Industry
Location
Financials
| Sales: |
Between $1 Million And $2.5 Million (2,860,000) |
| Profits: |
Between $1 Million and $2.5 Million (1,027,000) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Fiscal Year: |
2007 |
| Asking Price: |
Between $1 Million and $2.5 Million (1,600,000) |
