37564-Residential Foundation Repair & Replacement

CA

Seller Financing Available
37564-Residential Foundation Repair & Replacement
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Asking Price: $1,500,000

Cash Flow: $407,000

Gross Revenue: $5,733,299

EBITDA: $296,000

FF&E: $40,000

Inventory: N/A

Established: 1986

37564-Residential Foundation Repair & Replacement

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Business Description

The company is a specialty trade contractor specializing in residential foundation repair, replacement and light commercial seismic retrofits. The company operates as a home-based business and is relocatable. Offering these services requires a California Contractor’s License, a facility for office space, equipment and personnel with industry experience. The company has a proven track record supported by over 20 years of ongoing business. With its niche range of products and services, the marketing efforts focus on targeting residential customers throughout the Bay Area. Revenues have been increasing over the past five years due to an improving local economy. With roughly 5 million properties in the surrounding area needing new foundations, leaving a large market to capture for a more ambitious owner. Last year, the company’s total revenue was $5,733,299 with Seller’s Discretionary Earnings of $407,000 rounded. With a large customer base and solid reputation, the company continues to attract new customers while maintaining its reputation with existing ones. Inventory is dropped per project and equipment is with sub-contractors.

Detailed Information

Inventory:
Included in asking price
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Negotiable for the right buyer
Reason for Selling:
Approaching retirement
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IAG Buyer Division

Business Listed By:
Buyer Division

IAG

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