Description About This Posting: Landscape Masonry Contracting Service
Profitable SF Peninsula landscape & masonry contractor. 25+ years sterling reputation serving affluent homeowners. 16 employees combine years of experience & expertise creating outdoor spaces for some of the world's most discerning clientele. Customers return for multiple projects year after year.
Asking Price: $995,000, including all physical assets (worth over $600,000), plus a to-be-negotiated percentage of open contract balances.
A premier profitable thriving landscape and masonry contracting business on the San Francisco Peninsula, with over 25 years of a sterling reputation in some of the most affluent zip codes in the United States. A cohesive team of 16 employees with many years of experience and demonstrable expertise create outdoor environments for some of the most discerning and demanding clientele in the world. Many customers return for multiple projects and enthusiastically recommend this business to their friends, neighbors, and business associates.
All employees (16+) are expected to stay. The owner-operator will be happy to stay on indefinitely in a consulting role to transition the business and participate in growth. The owner is looking to retire and reduce any continuing participation to part-time.
The business includes an extensive fleet of vehicles and equipment, customer databases, ongoing current projects, and prospective jobs scheduled into the future. The purchaser of the business will take over, as part of the transaction, about $2,000,000 of contracts, to be verified at time of business transfer.
The physical assets of the business include four trucks, plus various pieces of equipment (including but not limited to excavators, loaders, Bobcats, saws, sanders, sprayers, jack hammers, welding tools, shovels, picks, axes, power washer, wheel barrows, sledge hammers, carpentry tools, trowels, concrete floats, carts, paver cutters, tool chests, mowers, edgers, ladders, roto-tillers, trailers) with a value of approximately $630,000.
The Seller's Discretionary Earnings ('SDE') are estimated to be over $597,000 for 2018, and about $328,000 for 2017. Tax returns for 2014 through 2018 will be provided to serious financially-qualified prospects upon submission of an NDA and preliminary discussion with the seller and broker. Complete historical financial data (tax returns, bank statements, A/R and A/P records, payroll statements, etc.), employee records, corporate records, current and pending contracts, detailed equipment list, etc. will be provided during due diligence.
Transaction: The business is being offered for acquisition at an asking price of $995,000, including all vehicles and equipment (worth approximately $630,000), plus 10% of open contract balances at time of closing (or a percentage to be negotiated). The final price is subject to negotiation and terms.
It is anticipated that this will be a sale of all the tangible and intangible assets of the corporation, including the very valuable business name; but, not the corporation itself, nor accounts receivable, accounts payable, rent deposits, or cash on hand. This will also include website(s), phone numbers, customer list, supplier contacts, open and pending contracts, employment relationships, etc. the 'goodwill' of the business.
Note: All data on this business are provided by the Seller for information purposes only, and no representations are made by the Broker as to accuracy. The Broker has made no independent verification of the data contained herein. The Broker represents the Seller and does not represent the Buyer. The Buyer is advised to perform independent due diligence and seek the advice of professionals prior to purchasing the Business.
To get more information about this Landscape Masonry Contracting Service business for sale in
San Francisco Peninsula Area please phone Tim Cunha (Intermediary, Broker - BRE License #:01919755) at 650-600-3751 and 844-237-6487 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #250351 on BizBen.com. In addition to phoning
Tim Cunha, make sure you email Tim Cunha above to get more info about this
Landscape Masonry Contracting Service, 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
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.
Professionals who understand the importance of world class business brokerage service and the value it can create. Specializing in assisting sellers and buyers with retail stores, restaurants, hospitality & lodging, manufacturing operations, distribution companies, e-commerce and service businesses.
Redwood Escrow Services, Inc. is a full service, licensed independent escrow company. We are EAFC Fidelity bonded, fully insured & licensed with the Department of Corporations. Committed to offering our clients the most comprehensive variety of escrow services available. Phone Janet at 510-247-0741.
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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.
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