loop 4 The Best Online Business for Sale Marketing Network not disclosed California
$22,000,000

California Heavy Construction Contractor

California/not disclosed
Financials
  • Price: $22,000,000
  • Gross Income: $55,270,060
  • Cash Flow: $5,753,036
  • FFE: $500,000
  • Inventory: $0
  • Real Estate Value: $0
  • Source Data:
About the Business
  • Listing ID: #202127
  • Year Established: 2005
  • Financing: deal structure is negotiable
  • Training: negotiable as needed
  • Facilities:
  • Competition:
  • Growth:
  • Employees:

Property Descriptions

The Company is a well-established demolition, grading, and underground utility contractor headquartered in California. They have a general engineering license in the state of California. The Company offers earthwork, 3D site modeling, demolition and site clearing, and drone flight and topography. Their customers include public and private entities, residential and commercial developers, and smaller individual projects in California. Public work projects tend to have large revenue and could see additional funding with the passage of an infrastructure bill, but currently the fastest growing sectors are private housing and commercial markets. They also see growth potential by expanding geographically. The Company has experienced 32% CAGR in revenue since 2018, and 16% CAGR in adjusted EBITDA. $551,000 of assets are included in the sale. Another $11 million in equipment, owned by a related party and leased to the Company, is available for sale. Owning the equipment will significantly reduce a new owner’s rental expense.

The information in this listing has been provided by the business seller or representative stated above. The Business Broker Journal has no stake in the sale of this business, has not verified the accuracy, completeness, and assumes no responsibility for this advertisement. Read our Terms and Conditions for more information.

Business Listed By

Colliers International Mergers & Acquisitions 6440 S. Millrock Dr., Utah, Salt Lake City