Construction Company - Commercial Government and Military

San Diego County, CA

Construction Company - Commercial Government and Military
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Asking Price: $995,000

Cash Flow: N/A

Gross Revenue: $5,400,000

EBITDA: N/A

FF&E: $0

Inventory: N/A

Established: 1980

Construction Company - Commercial Government and Military

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Business Description

Well Established Construction Company - Military and Government Jobs

This well-established company does commercial and public works construction that specializes in general contracting, structural and non-structural concrete and masonry. Like most companies, this business was greatly affected by COVID-19 but the company is now doing well again. 2020 revenue was approximately $5.4M and the even with the COVID restrictions the company’s adjusted net income was still positive. There is currently a backlog of over $3.8M with another several million in potential jobs. The company has approx. 30 employees and the key employees have been with the company for many years. A new owner with additional working capital could grow the company significantly more. Seller would consider staying on with the right buyer.

Detailed Information

Location:
San Diego County, CA
Employees:
30
Facilities:
Sellers currently leases a space but is building an office on property they own. Seller would be willing to lease the new space to the new owner
Competition:
Seller is well known in the industry for the quality work they do
Growth & Expansion:
There are tremendous opportunities for a new owner to expand the businesses.
Support & Training:
Sellers will provide complete support and training
Reason for Selling:
retirement
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(from currently available funds)
 
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Larry Lerner

Business Listed By:
Larry Lerner

Empire Business Solutions

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