Commercial Piping Contractor

San Jose, CA (Santa Clara County)

Seller Financing Available
Commercial Piping Contractor

Asking Price:$1,800,000

Cash Flow:$1,600,000

Gross Revenue:$5,599,375





Commercial Piping Contractor

Get Financing Save Print Share Valuation Report

Business Description

Very profitable commercial piping contractor. Non-union, lots of well-established relationships with general contractors, architects and other referral sources. Owner Retiring after achieving a remarkable turnaround by closing an unprofitable division, downsizing overhead, re-staffing with more effective employees, expanding staff to compete more effectively and forming relationships with stronger general contractors to get better projects. Gross margin improved from 30% to 55% and earnings increased from ~ $250K to over $1.6 MM annual running rate in 2016. Owner has modest price expectations and will carry a note for part of the purchase price, depending on the total offering structure.

Detailed Information

24 FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Leased office warehouse in location central to Silicon Valley market.
Non-union shop capable of handling large, complex projects that many small competitors are not qualified to handle.
Growth & Expansion:
Opportunity to expand geography as well as to add other services.
Support & Training:
Owner willing to work as employee for up to one year after closing to facilitate transition.

Listing Statistics for Premium Members

Ad#:1287934 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Michael Floorman

Business Listed By:
Michael Floorman

BTI Group Inc.

Show Phone Number

View My Listings

Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Indicates membership in The California Association of Business Brokers (CABB).

Find out more...

Get more details about this business.

Similar Listings