Commercial and Residential Specialty Construction
Price: $28,500,000
Annual Revenue: $32,700,000
Net Cash Flow: $7,275,000
Industry: Construction
Location: Northern, California
The owner is retiring and has multiple companies. He maintains the accounting and operational oversight, but his experienced management team has day-to-day autonomy. Key management in place makes this an easier transition for a new owner. The company can handle the entirety of any commercial and residential development in the respective trade. They have long-term customers and continue to add new clients.
License: The company holds a California General Building License.
Growth/Expansion Opportunity: There are multiple avenues for growth within the businesses. The company is estimated to have only a 1% market share in the area/market segment it serves.
Equipment/Inventory/Vehicles: As of 9/1/2023, the fair market value of equipment included in the sale is approximately $1.5MM. Inventory at normal run-rate business is minimal.
Real Estate: This business operates out of multiple owner-owned and leased locations. The sale of real estate holdings is negotiable, or favorable long-term leases may be structured. Real estate has an estimated value of $3.0MM subject to appraisal – purchase would be in addition to the price listed above.
Financing: Credit facility – proof of funds, required to obtain CIM.
Listing Details
Inventory: $1,500,000 (Included in Price)