Drywall Contractor for Residential Developments

Not Disclosed, CA
San Diego County


Asking Price: Annual Revenue:
$10,500,000 $20,358,872

Services: Construction, Contractors


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RE: Drywall Contractor for Residential Developments Broker: Matt Lowd

Quick Facts

Asking Price: $10,500,000
Annual Revenue: $20,358,872
Net Profit: Not Disclosed
Cash Flow: $3,001,532
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2011
Employees: 200
BBN Listing #: 308523364
Broker Reference #: 60066

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Business Overview:

Drywall contractor with about a dozen different contracts servicing large residential developments throughout San Diego County. Roughly 2,000 units a year. Some utility/traffic work. More contracts are set to start this year. To offset the heavy client concentration, earnout offers will be entertained. With over 30 years of experience the sellers are looking to retire, but are willing to stay on for 1-2 years. To combat the housing crisis in San Diego, the local planning commission has passed new relaxed FAR requirements with the goal of enticing new construction. This opportunity is perfect for anyone involved in Southern California residential development.

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Reason for Selling:

Retiring

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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