Successful New Home Finish Carpentry Contractor - SBA Pre-Qualified

Los Angeles, CA (Los Angeles County)

Custom Cabinetry
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Asking Price: Get Financing: $2,495,000

Cash Flow: $985,456

Gross Revenue: $7,724,362

EBITDA: N/A

FF&E: $150,000

Inventory: $20,000

Lease Rate: $7,433 /SF/Month

Established: 2008

Successful New Home Finish Carpentry Contractor - SBA Pre-Qualified

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Business Description

Strong Cash Flow!

This Southern California company is a finish-carpentry trade contractor specializing in the installation of interior doors, trim, shelving components, crown moldings, and wainscoting in residential construction. It usually acts as a subcontractor to large homebuilders on new residential construction. Its primary focus is in tract developments of less than 100 lots by established regional builders.

Two 50% partners incorporated this company in 2008. At that time, both partners had over 20 years of experience working for a large construction company. The owners are now selling this company in order to prepare for retirement and to pursue other ventures.

Since its founding, this company has seen robust growth by focusing on the best margins in the residential finish carpentry trade. It has built an excellent reputation among homebuilders, developed strong systems and processes, and a created company culture that values thrift, efficiency, listening and learning. The residential home construction market in the region is very strong, recently seeing double-digit growth year over year. It has been a challenge for the construction industry to keep up with the demand. This company has potential opportunities to grow its capacity and respond to this unmet demand with a revitalized apprenticeship program. And with additional face-to-face marketing, the company has opportunities for even stronger growth.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
16,000
Lease Expiration:
N/A
Employees:
36 fTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
16,000 sq. ft. leased space
Financing:
Business is SBA Pre-Approved for a qualified buyer
Support & Training:
Seller will negotiate a transition period
Reason for Selling:
Retirement
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Randy Hendershot, CBB

Business Listed By:
Randy Hendershot

Evolution Advisors

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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