Southern California Res-Comm. General Contractor (37567)

Financial & Assets Details

About the Business

Business Description

The company is a general contractor offering new construction and renovation services for residential, commercial and industrial applications. This is a great opportunity as business is booming due to rash of fires and clients looking for dependability with this 40 year established company! Fiscal 2019 will double the Fiscal 2018 revenue or more! The $5 million projection for Fiscal 2019 is conservative and should reach $6-$7 million! The company operates from a leased 3,519-square foot facility, which includes office space, a warehouse and a parking lot. There is a fleet of vehicles and a significant number of personnel with industry experience. They have a proven track record, supported by 40 years of ongoing business. With its broad range of services, the marketing efforts focus on targeting commercial and residential developers from Los Angeles to Santa Barbara. Revenues have been increasing over the past five years due to an improving local economy. Last year, the total revenue was $3,382,942 with Seller’s Discretionary Earnings of $180,000, rounded. This year revenue will more than double and SDE even more so! With a large customer base and solid reputation, the company continues to attract new customers while maintaining its reputation with existing ones.

Seller Financing

Negotiable for the right buyer.

Location Details:

Facility is Leased.

Support & Training

The owner is flexible in regards to the transition time.

Reason for Selling:

Approaching retirement.