Description About This Posting: Renovation Contractor
Highly successful Renovation Contractor established in 2008 specializing in renovation and remodeling projects for real estate investment companies and professional property managers with Gross Sales of $2.8 million, Discretionary Earnings of $400,480, Down Payment $97,191 (SBA qualified) The company has a proven record of excellence in designing and managing projects throughout California. The business generates a steady stream of projects from real estate investors, private clientele plus commercial projects and does not offer remodelling services to homeowners. The clients have large real estate portfolios and are continuously buying and selling real estate under all market conditions.
The company specializes in complete renovations of homes in poor condition and transforms these homes into highly desirable and marketable properties. Known for their professionalism and high standards for quality work, renovations often include a complete interior renovation plus, exterior improvements, painting, plus new landscaping. The company transforms run down properties with outdated designs and interiors into modern homes commanding excellent rents and market values.
* $2.8 million Gross Sales
* $400,840 Discretionary Earnings
* Asking $625,000
* Down Payment $97,191 (SBA qualified)
* 6 trucks plus 2 Prius'
* 2 trailers, one dump trailer and one roll off trailer with 5 bins
* 8 employees, 1 Superintendent, 2 Foremen, 5 construction staff
Staff & Owner Roles
The Superintendent is responsible for managing the projects and crews. The company also has 2 crew Foreman leading the construction crews. The Seller is involved in bidding and overseeing the projects, schedules and purchasing materials.
Requires a General Contractor's license. Seller wants to pursue another business venture and will RMO for up to one year while Buyer obtains their Contractor's License. Seller will train the Buyer in the bidding and quoting process during the training period and will be available for limited consulting after the training period.
To get more information about this Renovation Contractor business for sale in
Orange County please phone Bill Grunau (Broker - BRE License #:01335984) at 949-200-6350 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #252636 on BizBen.com. In addition to phoning
Bill Grunau, make sure you email Bill Grunau above to get more info about this
Renovation Contractor , to ask any questions or request an appointment to see this
business for sale, franchise, or opportunity. Thank you.
Related Links And Information Regarding This Posting
California's Premier Brokerage for Selling Orange County Service Based Businesses since 2005! C.B.B. provides a step by step approach to Business Brokerage, Mergers & Acquisitions, Business Consulting and Valuations. We work on creating the best possible presentation for your business!
For over 25 years I have provided niche business purchase financial advisory and loan placement services with SBA and Non-SBA Loans, Retirement Plan Conversions, Private Investors, etc. Financing amounts available: $20K to $7MM. Call today to get pre-qualified or receive financing: 866-270-6278.
New Century Escrow, Inc. is a fully licensed & bonded independent escrow company. Over 20 years combined experience in handling bulk escrow transactions. Multi-lingual staff that speaks your language, including Korean, Chinese, Vietnamese. Call Helen Yoo direct at 626-890-1151.
California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.
Willard Michlin, CPA #106752, offers buyers step by step training & assistance in doing Due Diligence Services when they are thinking of making an offer, or are in process of investigating a business purchase. He helps to determine the actual net profit even when there is cash. Call 805-428-2063.
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