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US Well Established Construction Company working with Government and Military

San Diego, United States
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    US Well Established Construction Company working with Government and Military

    Asking Price:

    TBD

    Gross Revenue

    $5,400,000

    EBITDA

    TBA

    Established

    1984

    Business ID:

    L#20210217

    Country

    United States

    State:

    United States

    City:

    San Diego

    Description

    This well-established company does commercial and public works construction that specializes in general contracting, structural and non-structural concrete, and masonry. Like most companies, this business was greatly affected by COVID-19 but the company is now going strong again.

    2020 revenue was approximately $5.4M and even with the COVID restrictions, the company’s adjusted net income was still positive. Prior to 2019, the company averaged over $7M a year in revenue and is back on track to achieve these numbers again in the future.

    There is currently a backlog of over $4 M with another several million in potential jobs. The company employees vary between 10 to over 30 depending upon the projects being worked on. The key employees have been with the company for many years. A new owner with additional working capital could grow the company significantly more. The seller would consider staying on with the right buyer.

    Detail

    Updated on December 18, 2021 at 3:46 pm

    Business ID:L#20210217
    Property Type:Construction Company
    Property Status:For Sale
    Asking Price: TBD
    Gross Revenue:$5,400,000
    EBITDA:TBA
    Established:1984
    Competition: Very well known in the industry. Great reputation
    Growth & Expansion: Many growth opportunities especially with the new federal infrastructure spending bill.
    Support & Training: Seller will provide support and training. Would consider staying on after transition period as a consultant
    Reason for Selling:Retirement
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      This well-established company does commercial and public works construction that specializes in general contracting, structural and non-structural concrete, and masonry. Like most companies, this business was greatly affected by COVID-19 but the company is now going strong again.

      2020 revenue was approximately $5.4M and even with the COVID restrictions, the company’s adjusted net income was still positive. Prior to 2019, the company averaged over $7M a year in revenue and is back on track to achieve these numbers again in the future.

      There is currently a backlog of over $4 M with another several million in potential jobs. The company employees vary between 10 to over 30 depending upon the projects being worked on. The key employees have been with the company for many years. A new owner with additional working capital could grow the company significantly more. The seller would consider staying on with the right buyer.

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