Leading Commercial Concrete Contractor with Hug...

Los Angeles County, CA
Los Angeles County


Asking Price: Annual Revenue:
$3,995,000 Not Disclosed

Services: Construction, Contractors


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RE: Leading Commercial Concrete Contractor with Hug... Broker: Jonathan Pallin
Owner Financing is Available!

Quick Facts

Asking Price: $3,995,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: $1,837,000
Total Debt: Not Disclosed
FF&E: $2,000,000
Real Estate: Not Disclosed
Year Established: 1978
Employees: 50
BBN Listing #: 274253413
Broker Reference #: BEVERCA003-N32

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Business Overview:

* Major Price Reduction to $3.995M with $2M Equipment included * Turn Key with sufficient capacity to triple sales * Real estate available for purchase for an additional $4M Exceptionally Rare Turnkey 43-Year-Old Southern California Company with Reputation as innovators of the highest quality, having proven processes, and most extensively equipped amongst the competitors. (no Cap X currently required). Huge Markets (Commercial $5Trillion+, $1.7 Trillion+ Residential). Clients service a wide range of companies, Multi Family, Large Subterranean Garages, Duplexes, Fourplexes. This company would be a great opportunity for an add-on for another complementary business Business has over 40 years of Goodwill amongst Engineering Firms, Field Observatory Engineers, Small to Large Contractors, and Owner/Developers. Seller will also entertain offers of $4,000,000 for the underlying Prime Real Estate (10,537 sq. ft. new block construction. There are no properties for sale in and around the area. Extensive Potential Growth Opportunities including the rental market, residential, and territorial expansion. Company has $5.8M in signed contracts and $10M work in agreed opportunities. Business has over $2M of fixtures included in sale price. No new equipment is necessary to run this business. 50 Full Employees, most 1099. Loyal Employees mostly bi-lingual.

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Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • 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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