Civil Engineering/Design/Build SBA financing

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Background

BizEx ID:BizEx1234-CK
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:Call
Discretionary Cash Flow:$446,728
FF&E:$50,000
Inventory Included?No
Inventory:$0
Min. Operating Capital:$100,000
Real Estate Available?No
Rent:$3,057
Financing:SBA

2017 2018 2019
Gross Sales $ 1,525,798 $ 5,199,981 $ 3,773,914
Gross Profit $ 810,640 $ 886,955 $ 1,883,870
Disc. Earnings $ 198,087 $ 214,050 $ 446,728

Description

Legacy Civil 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 outlived most other competitors in the field with no advertisement for two decades with the exception of word-of-mouth reputation 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, providong 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.

Variations in earnings are due to profit carry over but are accurate over time.

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.




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

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations