, California 6 views 0 favorites
Exceptional Technical Construction Services company established in 2001, providing technical services required for all construction projects. $2.1 million sales, $802,287 discretionary earnings (DE), and $652,287 EBITDA. The business is pre-approved for 10% down with SBA financing for qualified buyers. The company provides required, on-site construction services for developers and contractors on government and commercial projects (no new home construction). Typical commercial projects include hospitals, schools, and universities, and government projects are undertaken for cities, counties, and the state. The owner/seller has built a company with excellent procedures and a team of 10 employees, including well-trained technicians and office admin staff. Its reputation for delivering excellent quality and timely project completion with its professional staff ensure significant revenue from referrals. Revenues have grown at over 30% annually and the company is well positioned for continued growth. Both short- and long-term growth can be achieved with the addition of technical and marketing staff, geographic expansion, and the increased provision of services related to core, legally required technical services. Recently upgraded office available for lease or purchase. Summary: * Offered at $2.2 million * $2.1 million sales 2021 * $802,287 Discretionary Earnings 2021 * 31% growth in 2021 * $245,000 Down w/SBA Financing * 10 employees * 5 Service Trucks + one equipment trailer Staff * 7 well-trained technicians * Dispatch/office admin * Bookkeeper * Certified Payroll/office admin Buyer Skills and Requirements: The owner is actively running this business and the buyer must be willing and capable of learning to run the business. The owner does not necessarily have to have direct experience in this field, but they must be willing and capable of learning the technical aspects of the business. This is not a passive owner business. The owner has a Contractor License and will act as the RMO (Responsible Managing Officer) for the buyer for up to 12 months (maximum allowed by SBA). The buyer will have to obtain their Contractor’s license within 12 months. The Seller will provide training for 4 weeks/40 hours per week and in addition, will provide limited consulting as negotiated after the initial training period. Reason for Selling: The owner is starting a new business that does not compete with this business and will be a customer of this company. Inquiries from principals only Location: Orange County, California Year Established: 2001 Number of Employees: 10 Market Outlook/ Competition: Limited competition in this company's niche. Growth & Expansion: Growth opportunities through geographic expansion, hiring additional staff, increasing advertising budget, and adding additional services.
Listed: Apr 21, 2022
Updated: 2 weeks ago
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