Profile: Specializes In Industrial, Institutional And Commercial Plumbing.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Ken Oppeltz, Broker
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| Primary Phone: |
858-391-3388 |
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| Alternate Phone: |
None Given |
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| DRE Number: |
01197451 |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
10/30/09 |
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| Date Last Revised: |
10/30/09 |
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| BizBen Ad #: |
148149 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$1,600,000 |
| Down Payment: |
$1,600,000 |
| Annual Revenue: |
$9,308,426 |
| Annual Adjusted Net: |
$806,790 |
| Price Range: |
$1 Million to $2 Million |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
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Description:
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Take Advantage Of The Billions Of Federal Funds Benefiting Union Contractors With This Highly-Regarded San Diego Union Plumbing Contractor. Founded More Than 30 Years Ago, This Company Specializes In Industrial, Institutional And Commercial Plumbing (Including Mechanical And Site Work). The Firm Has A Long And Enviable Track Record Working With The Military, Government And Educational Institutions, And Is Perfectly Positioned To Capitalize On The Current Stimulus Spending Initiatives. On Track To Meet The Results Obtained In 2008, This Company Sparkles From Top To Bottom, And Is Ready For A Smooth Transition To New Ownership. Offered For Sale For The First Time By Its Retiring Owners. ***financial Results Shown Are For 2008. 2009 Results Are Expected To Meet Or Exceed 2008. Transferring Assets Are An Estimate Of Original Cost From Tax Return Depreciation Schedule. Current Value Is Different. Down Payment Is Based Upon An SBA Loan With The Balance Paid Over Ten Years. ***
Marketing Summary
This Company Does No Advertising, And Doesn't Have To (The Ad Budget Is Zero). After Years Of Providing High-Quality Contracting Services, The Firm Simply Chooses Which Of The Offered Bidding Opportnities It Will Respond To And Accept. Growth Is Limited Only By New Ownership's Willingness To Take On Additional Work And New Clients. Owner Feels That Advertising Is A Sure-Fire Way To Increase Sales.
Strengths Summary
• Strong Revenues And Profits
• Union Shop -- Attractive In Today’s Tarp-Fund Environment
• Long-Term Relationships With The Region’s Best General Contractors
• Strong Presence In San Diego Marketplace
• Readily Scaleable To Current Contract Requirements (Flexible Union Staffing)
• Fully Computerized Systems In Place -- Meet All Certification And Audit Requirements
• Complete Infrastructure – Limited Capital Expenditures Needed
Hours And Staffing
Monday Through Friday, 8:00 A.M. To 5:00 P.M. Occasional Weekend Work If Requried. Currently Employs 47 -- Ranges From 40 To 80 Based Upon Job Sequences.
Area And Facilities
Occupies A Well-Planned 7,980 Square Foot Free-Standing Building In An Attractive Industrial Park. Approximately 3,000 Sq. Ft. Is Office Space, The Balance Is Used For Warehousing And Assembly. Completely Equipped From Small Tools To Large Heavy-Duty Vehicles, This Company's Infrastructure Is Complete. The Building Is Available For Lease Or Purchase To New Ownership (Financial Results Presented Reflect A Purchase With An SBA 504 Loan, Estimated Value 1.2 Million).
Company History
Founded More Than 30 Years Ago. Consistent Growth.
Financial Summary
Financial Results Shown Are For 2008. 2009 Results Are Expected To Meet Or Exceed 2008. Transferring Assets Are An Estimate Of Original Cost From Tax Return Depreciation Schedule. Current Value Is Different. Down Payment Is Based Upon An SBA Loan With The Balance Paid Over Ten Years.
Additional Information
This Is A Confidential Business Offering. All Prospective Purchasers Are Required To Sign A Non-Disclosure And Confidentiality Agreement And Provide Proof Of Financial Capability.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Ken Oppeltz, Broker at 858-391-3388 Non Disclosure Agreement |
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