Current Status: Active
Posting #: 273443
Last Refreshed: 5/14/22
Contact: William Grunau At 949-200-6350 , 949-200-6350 - Also Email This Contact Below
Asking Price: $2,100,000 Down Payment: $245,000
Annual SDC: $802,287
Annual Gross: $2,200,000
Attributes: Training & Support, Real Estate Available, SBA Loan Pre-Qualified
Exceptional Technical Construction Services company, established 2001, providing technical services required for construction projects with $2.1 million sales, $802,287 Discretionary Earnings, and $652,287 EBITDA is offered for acquisition with SBA financing. The business is pre-approved for 10% down with SBA financing for qualified buyers.
The company provides required on-site construction services for commercial developers and contractors on government and commercial projects (no new home construction). Typical projects include hospitals, schools, universities, gov projects for cities, counties and state as well as commercial projects.
The company has had steady growth and is well positioned for continued growth. The owner-seller has built a company with excellent procedures and a team of 7 employees including technicians and office admins.
The company has a reputation for delivering excellent quality, timely completion of their work, and a professional staff performing the onsite work.
Summary:
* Offered at $2.2 million
* $2.1 million sales 2021
* $802,287 Discretionary Earnings 2021
* 31% growth in 2021
* $245,000 Down w/SBA Financing
* 10 employees
* 5 Service Trucks + one equipment trailer
Staff
* 7 well-trained technicians
* Dispatch/office admin
* Bookkeeper
* Certified Payroll/office admin
Buyer Skills and Requirements:
The owner is actively running this business and the buyer must be willing and capable of learning to run the business. The owner does not necessarily have to have direct experience in this field, but they must be willing and capable of learning the technical aspects of the business. This is not a passive owner business.
The owner has a Contractor License and will act as the RMO (Responsible Managing Officer) for the buyer for up to 12 months (maximum allowed by SBA). The buyer will have to obtain their Contractor's license within 12 months. The Seller will provide training for 4 weeks/40 hours per week and in addition, will provide limited consulting as negotiated after the initial training period.
Reason for Selling:
The owner is starting a new business that does not compete with this business and will be a customer of this company.
Inquiries from principals only
To get more information about this Technical Construction Services business for sale in
Southern California please phone William Grunau (Broker - BRE License #:01335984) at 949-200-6350 and 949-200-6350 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #273443 on BizBen.com. In addition to phoning
William Grunau, make sure you email William Grunau above to get more info about this
Technical Construction Services, to ask any questions or request an appointment to see this
business for sale. Thank you. License # 01335984. Pacific Business Sales.
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