Business For Sale Listing 152535
Engineering/Public Works Demolition Contractor-OC
Status as of Dec-4-2008 at 06:00 PM: Active
Business Summary
Cash flow for 10 months of current fiscal year thru Ap 2008 1,027,000. Located in Orange County. One of their major school district clients on track to deliver 124 more projects by 2012.
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 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 10 mo. Thru ap 2008 2,860,000
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.
Categories
Industry
Location
Financials
| Sales: |
Between $2.5 Million And $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) |
