Concrete Cutting, Coring and Demolition Business

Los Angeles County, CA

Seller Financing Available
Concrete Cutting, Coring and Demolition Business

Asking Price:$5,100,000

Cash Flow:$1,019,000

Gross Revenue:$5,361,000

EBITDA:N/A

FF&E:$1,200,000

Inventory:$100,000

Rate/Sq. Ft.:$9,400.00

Established:1987

Concrete Cutting, Coring and Demolition Business

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Business Description

Profitable Specialty Concrete Construction

Contact business broker for more information regarding this Specialty Construction Contracting Business located in Los Angeles County. This business has been pre-approved for SBA financing. The business is a full service concrete cutting, coring, and demolition business serving customers throughout Southern California. The business was founded in in 1987 has been very successful and profitable since its inception. Services include: Wall and Slab sawing for all commercial and residential concrete structure needs; and for highway, parking lot, bridge, access, and trenching requirements; Core Drilling for all types and sizes of openings; and Demolition that includes concrete breaking and removal; complete interior demolition and removal of dry walls, all plumbing, mechanical and electrical. The business has earned a reputation for excellent quality and on time performance and as a result enjoys repeat sales with its customers. There is no direct sales activity and sales are generated by repeat business from contractors and other entities that require these specialty contract services. Sales can be greatly expanded through the addition of Estimators which identify and bid on business opportunities. The business is headquarted and operates from a fully equipped warehouse-office-yard that is located on a one acre parcel. There is a free standing 9435 sq. ft. building that includes administrative offices, private offices, a conference room and estimating/engineering offices along with a warehouse. The facility can either be leased at a market rental rate or purchased at fair market value. There are 20 employees including 3 working owners and 2 additional administrative employees, including one estimator. FF&E and Inventory includes all necessary equipment and a large inventory of saw blades, bits and expendable tools. The transaction includes all of the assets of the business with the exception of cash, accounts receivable, and personal vehicles. Owner is retiring but will provide training and additional assistance if needed to transition the business to new ownership. Contact business broker to complete a Non-Disclosure Agreement and receive more information regarding this long established, very successful Specialty Construction Contracting Business sale located in Southern California.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
9,425
Lease Expiration:
N/A
Employees:
20
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Seller Will Finance Portion Of Price For Qualified Buyer.
Support & Training:
2 weeks @ 20 hrs/wk
Reason for Selling:
Retirement

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Edward L. Fixen, MBA, CBB, CBA

Business Listed By:
Edward L. Fixen, MBA, CBB, CBA

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