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Construction - Demolition / Grading Contractor
Location: United States -> California -> Southern California - All Southern California -> Orange County
Industry: Business Services > Construction




Business Summary

General Engineering Prime Contractor specializes in demolition, site work and commercial trucking. Currently all the company's activities are within the Southern CA area with a concentration in public works projects. 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 Expect $4 million.
> 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. Contact for more information on this Construction - Demolition / Grading business for sale.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $2,821,920
Cash Flow:   $704,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $795,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1988
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Seller will train.
Reason For Selling:  Other ventures.




Print Listing Id: 70078902
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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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