Seller's Contact Information
- RE: Drywall Contractor For Residential Developments
- Contact: 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 |
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 homebased business opportunity.
- This is not a franchise resale opportunity
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