Leading Commercial Concrete Contractor with Hug...

Los Angeles County, CA


Asking Price: Annual Revenue:
$4,000,000 Not Disclosed

Miscellaneous: Non-classifiable


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

Quick Facts

Asking Price: $4,000,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: $1,837,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1978
Employees: 50
BBN Listing #: 527164220
Broker Reference #: BEVERCA003-48295

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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. This Los Angeles Company is a Boutique Brokerage Specializing in Lucrative Multi Family Brokerage, Investments, & Advisory Capacities. $5 Trillion Los Angeles Commercial Multi Family Real Estate Market. 31-year-old Turnkey operation. Headquarters relocatable. Unprecedented Reputation & Goodwill amongst the top 3,000 Largest & Most Powerful L.A. Multi Family Owner/Operators. Maintains one of the most comprehensive & up to date Multi Family Data Bases. Exceptional Profitability with minimal staff/employees. (75% EBITDA as a % of Total Revenues (3 yr. avg.) Seller believes and maintains a business growth plan to improve revenues Five-Fold over the next several years. Seller is retiring and has not had the necessary free time to implement growth plans. For additional information contact Jon Pallin at 818-606-7292. Visit our website, sunbeltagent.com to complete a non-disclosure to receive information.

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Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is not 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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