Business for Sale

Engineering/Design/Build SBA financing

BizEx1234-CK

Background

General Location:Riverside County, CA
Category: Engineering
Construction
Years in Business:28
Under Present Owner:28
Hours of Operation:M-F 8a-5p
Owner Hours:M-F 8a-6p
Training:12 weeks @ 20 hours
Organization Type:S-Corp
Lease Expiration:12/31/19
Lease Options:None
Building Size:2,940
Employees:8
Reason for Sale:Retirement

Financials

Asking Price:$649,000
Down Payment:Negotiable
Gross Sales:$5,199,981
Discretionary Cash Flow:$283,307
FF&E:$50,000
Inventory Included?No
Inventory:$0
Min. Operating Capital:$100,000
Real Estate Available?No
Rent:$3,057
Financing:SBA

2016 2017 2018
Gross Sales $ 1,406,025 $ 1,525,798 $ 5,199,981
Gross Profit $ 884,865 $ 810,640 $ 886,955
Disc. Earnings $ 230,113 $ 204,934 $ 283,307

Description

Premier Engineering/Design/Build firm in rapidly growing Riverside County, CA available for new ownership. 10% down with SBA financing in place. 

For 30 years the Company has proven itself to be a perennial winner, outliving most other competitors in the field with no advertisement for two decades except word-of-mouth through exceptional deliverables and industry professionalism.

The Company allows clients the option of contracting architecture and engineering work with the construction phase of the project, allowing a seamless transition from blueprint to final product.

Specializing in Food Manufacturing Plants, the firm has also performed projects in Educational, Retail, Commercial, Office, Light Industrial, Municipal, Religious, Multi-Family and Medical Industries in California, Arizona, Texas, New Mexico and Mexico.

The Company has been kept at a manageable size purposely by the current owners, however due to the high population growth of Riverside County in the past years and the persistence of loyal clients, the Company took on additional projects in 2018. Expansion and continued growth opportunities are therefore positive and achievable for a new owner.

The business requires a PE designation and ability to acquire a Class A and B contractors license and is an excellent opportunity for a corporate bound engineer looking for greener pastures and the freedom to choose their own destiny in life.

For more information please contact Cody King 805.616.9488 or at cking@bizex.net. Please register for NDA at bizex.net.

 


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Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.

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Cody King
M&A Advisor
4551 Glencoe Ave., Suite 210
Marina del Rey, CA 90292
Office: (310) 882-2200 ext 134
Direct: (805) 616-9488
Lic#: 01942507