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Underground Utility Construction Company Builds
Location: United States -> California -> Northern California - All Northern California -> San Luis Obispo
Industry: Business Services > Construction




Business Summary

This is a phenomenal ''destination location'' business acquisition target, ideal for someone already in the area, but perfect as well for someone looking for a scalable entity that is based in glorious California wine country. Multi-faceted heavy and civil engineering construction company grew into a booming enterprise thanks to the Seller's intelligent creation of entities that separated production and equipment to maximize profitability and minimize tax liability. The result is three cohesive companies that serve as the foundation of a well-respected and highly profitable business that proficiently installs underground utilities for housing and large commercial developments. Includes all of the large and medium excavators, bulldozers, lots of movable assets on the balance sheet and this is an all-you-can eat purchase with everything included! Underground utilities aren't known as a high-tech industry; however, the Company has developed specialized skills in the area of creating underground storage. Being in the State of California, clean water and ability to conserve water and recharge its underground aquifers is of high importance to many, and a major consideration of new developers. The Company is proud to have always been at the forefront of emerging underground water storage systems.

NDA required for release of detailed Confidential Information Memorandum (CIM).

Detailed Information

Facilities: Perfect for the business.

Competition: Three competitors within the widespread county handle projects at different price points. For the most part, this Company's projects fall into a relative niche market given the scope of work and project size. Sellers have provided detailed lists of all the construction equipment, vehicles and tools that are included in the sale.

Growth & Expansion: An enthusiastic Buyer with good networking skills would likely result in new opportunities. To expand, consider a concrete division (curb, gutter, sidewalk, and drive appr


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $6,000,000
Cash Flow:   $970,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  1977
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Seller is generously offering initial training for up to three months at 15 hours per week during. They may be open to limited-time consulting agreement if conditions can be agreed upon.
Reason For Selling:  Company built, goals met, time to retire.




Print Listing Id: 700342801
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Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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