Hauling Co.Industrial, Environmental Disposal in LA

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Background

BizEx ID:BizEx1314-EM
General Location:Los Angeles, CA
Category: Business Services (B2B)
Construction
Years in Business:16
Under Present Owner:16
Hours of Operation:5:00 am - 4:00 pm, Mon - Sat
Owner Hours:Varies
Training:4 weeks @ 30 hours
Organization Type:LLC
Lease Expiration:2024
Lease Options:
Building Size:2,400
Employees:8
Reason for Sale:Retirement

Financials

Asking Price:$6,250,000
Down Payment:Negotiable
Gross Sales:$9,000,000
Discretionary Cash Flow:$2,000,000
FF&E:$1,250,000
Inventory Included?Yes
Inventory:$5,000
Min. Operating Capital:$275,000
Real Estate Available?No
Rent:$11,000
Payroll:$52,000
Financing:SBA

2020 Aug 15 2019 2018
Gross Sales $ 5,500,000 $ 5,300,000 $ 5,500,000
Gross Profit $ $ $
Disc. Earnings $ 1,300,000 $ 970,000 $ 890,000

Pictures


Description

Well Known, Niche, LA Based, Large Demolition, Environmental Waste Disposal, Trucking Contractor 

Since 2004, this licensed C-21 Demolition Contractor has specialized in providing logistical support to Construction Sites, Public Works Infrastructure Projects, and Commercial Construction. They have developed an excellent relationship with virtually every major construction company in the area with large repeat business. 

The logistical support can be for;

  • Trucking - hauling asphalt, concrete, soil, debris.... to landfills 
  • Waste Characterization, and Disposal Facility Selection
  • Roll-off Trucking Bins for on-site placement 
  • Truck Brokering - proprietary network of over 500 licensed, permitted, and insured Motor Carriers 

This company was not effected by the COVID lock-down and currently has about $4,000,000 in orders pending. Expected 2020 Gross Revenue is over $7,000,000 with $1,000,000+ Net Income.

Future Growth: Numerous infrastructure projects are scheduled for southern CA over the next 5-7 years and this company is well positioned to capitalize on those opportunities.   The pipeline is strong and growing at this time. 

The seller is willing to stay on as a consultant to assure a smooth transaction. 

For more information, please complete the Buyer Registration at https://www.bizex.net/buy-business/register

Eric Mellem, Business Broker at (310) 293-6414, emellem@bizex.net. Dan Higgins, Business Broker at (714) 719-1809, dhiggins@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.




Eric Mellem
Business Broker/ M&A Advisor
4551 Glencoe Ave. #210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 146
Direct: (310) 293-6414
Lic#: 01220802




Dan Higgins
Business Broker/ M&A Advisor
4551 Glencoe Ave. #210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 166
Direct: (714) 719-1809
Lic#: 02114580

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