71258 -Greater Seattle Specialty Contractor

WA

71258 -Greater Seattle Specialty Contractor
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Asking Price: Get Financing: $4,000,000

Cash Flow: $1,037,000

Gross Revenue: $5,264,000

EBITDA: $920,000

FF&E: $1,200,000

Inventory: N/A

Established: 2000

71258 -Greater Seattle Specialty Contractor

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Business Description

Subcontractor specializing in modular block retaining walls and paver systems. The Company’s primary services include building new walls, sound barriers, and retaining walls, patios, sidewalks, and pavers with residential and commercial applications. This full-service construction company also offers repairs to interlocking paving systems, pedestal set pavers, brick, stone, earth retention systems and landscaping projects. The Company operates from a leased equipment storage facility. PICP (Permeable Interlocking Concrete Pavement) Certified. Currently, half of the Company’s revenue is derived from the sale of its services for commercial construction projects. The remainder of sales are comprised of residential projects. The Company has 25 union employees, with an average length of service of 5.2 years. In 2016 the Company generated $5.1m of revenue with $920k of EBITDA.

Leading Greater Seattle specialty contractor - 75% repeat business - Consistent, long-term profitability -Consistent revenue growing from $5m -
Equipment and vehicles valued at $1.1m to $1.2m - 8% EBITDA margin - 25 union employees - Seller financing available - Property purchase optional - Owner willing to stay on for transition period of 1- year or longer - Projections over $7m for 2017.

Detailed Information

Inventory:
Included in asking price
Employees:
25
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Owner willing to stay on for transition period of 1- year or longer .
Reason for Selling:
Approaching retirement.
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IAG Buyer Division

Business Listed By:
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IAG

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