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71258- Greater Seattle Specialty Contractor

For Sale in WA

Listing ID: 71258 | Broker Listing ID:

Financial & Assets Details

$5,264,000
$1,067,000
$1,200,000
Yes
$1,000,000

About the Business

2000
25 FT
Yes

Business Description

Subcontractor specializing in modular block retaining walls and paver systems. The Company’s primary services include building new walls, sound barriers, and retaining walls, patios, sidewalks, and pavers with residential and commercial applications. This full-service construction company also offers repairs to interlocking paving systems, pedestal set pavers, brick, stone, earth retention systems and landscaping projects. The Company operates from a leased equipment storage facility. PICP (Permeable Interlocking Concrete Pavement) Certified. Currently, half of the Company’s revenue is derived from the sale of its services for commercial construction projects. The remainder of sales are comprised of residential projects. The Company has 25 union employees, with an average length of service of 5.2 years. In 2016 the Company generated $5.1m of revenue with $920k of EBITDA.

Leading Greater Seattle specialty contractor - 75% repeat business - Consistent, long-term profitability -Consistent revenue growing from $5m -
Equipment and vehicles valued at $1.1m to $1.2m - 8% EBITDA margin - 25 union employees - Seller financing available - Property purchase optional - Owner willing to stay on for transition period of 1- year or longer - Projections over $7m for 2017.

Seller Financing

Negotiable for the right buyer

Support & Training

The owner will be available for transition period and the employees would most likely stay on.

Listing ID: 71258

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