37621-Highly-Licensed Demolition, Grading & Land-Clearing Business

CA

Seller Financing Available
37621-Highly-Licensed Demolition, Grading & Land-Clearing Business
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Asking Price: $2,499,000

Cash Flow: $759,000

Gross Revenue: $2,280,349

EBITDA: $509,222

FF&E: $667,704

Inventory: N/A

Established: 1988

37621-Highly-Licensed Demolition, Grading & Land-Clearing Business

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Business Description

Family-owned specialty trade contracting business concentrates in demolition and grading for commercial, industrial and residential applications; also provides complementary commercial and public work demolition estimates, land/site clearing, disaster clean-up, site preparation and asphalt removal. Its wide range of services includes demo of tilt-up buildings, interior strip-outs and 24-hour emergency assistance; as well as excavating, saw cutting, and backfill using newer company-owned Tier 4-compliant equipment. With a $5,500 lease for new owner, company operates from an 8,000-square foot location of which 6,000 is storage yard space, as well as a 1000 square foot warehouse and 1000 square foot office area. As a member of the National Demolition Association since 1994, company holds Contractors Licenses C-21, a Class A Engineering License and C-61, and is Green LEED Compliant. Their pristine tools and facility are in excellent condition, zoned for M-2 use and capable of handling additional capacity. Company’s marketing efforts focus on further expanding its large customer base by targeting clients throughout Southern and Central California, thus fortifying their well-reputed track record supported by skilled personnel with industry experience and 30 years of ongoing business. Due to an improving economy and Blue Book advertisements, which proved to be a great return on investment, revenues increased considerably last year. The total 2018 revenue was $2,280,349 with Seller’s Discretionary Earnings of $759,000 rounded, and 2019 appears to be in line with these figures as well. There is a tremendous amount of opportunity for the new owners.

Detailed Information

Inventory:
Included in asking price
Employees:
8 nonunion
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Negotiable for the right buyer
Support & Training:
Up to 24 months
Reason for Selling:
Approaching retirement
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