Engineering,Underground Construction,Pipe Reaming, Plumbing Contractor

CA

Engineering,Underground Construction,Pipe Reaming, Plumbing Contractor
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Asking Price: Get Financing: N/A

Cash Flow: $1,750,000

Gross Revenue: $8,500,000

EBITDA: $1,750,000

FF&E: N/A

Inventory: N/A

Established: N/A

Engineering,Underground Construction,Pipe Reaming, Plumbing Contractor

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Business Description

The Company’s primary focus is engineering and directional boring (76% of 2017 sales), with an additional focus in residential plumbing (24%) throughout the San Francisco Bay Area. The Company specializes in horizontal boring and directional drilling services such as pipe reaming and pipe ramming capabilities. Additional commercial services include but are not limited to hot tapping, pipe freezing, hydrojetting, vacuuming, clogged drains, commercial water heaters, trenchless sewer repair, grease traps, interceptors, video camera inspections, hydro excavation, pipe lining, slip lining, and other services. The Company’s customer markets include municipalities, new development, single family homes, shopping centers, and condos/apartments. The Company’s has 30+ full-time, non-union staff.

Over its history, the Company developed a strong asset base of construction equipment and vehicles with a total of approximately $2 million in market value as of September 2017. The Company has strong ties to clients due to its reputation for timely project completion and excellent customer service. This commitment is represented in the strong retention rate of accounts. The Company currently has a backlog of $3.9 million expected to be completed within 12 months. The seller would like to stay with the Company on a long-term basis and partner with new ownership to build the business.

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(from currently available funds)
 
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Chad Comroe

Business Listed By:
Chad Comroe

Generational Equity, LLC

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Sponsoring Broker:
Lisa Lippe

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