Background
| BizEx ID: | BizEx1421-EM |
|---|---|
| General Location: | Los Angeles, CA |
| Category: |
Business Services (B2B) Construction |
| Years in Business: | 9 |
| Under Present Owner: | 9 |
| Hours of Operation: | 8:00am - 5:00pm |
| Owner Hours: | 9:00am - 5:00pm |
| Training: | 4 weeks @ 30 hours |
| Organization Type: | S-Corp |
| Lease Expiration: | 3/31/2024 |
| Lease Options: | Buyer to sign new lease or relocate |
| Building Size: | 1,559 |
| Employees: | 1 |
| Reason for Sale: | Retirement |
Financials
| Asking Price: | $1,840,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $2,700,000 |
| Discretionary Cash Flow: | $450,000 |
| FF&E: | $5,000 |
| Inventory Included? | Yes |
| Inventory: | $1,200 |
| Min. Operating Capital: | |
| Real Estate Available? | No |
| Rent: | $2,933 |
| Financing: | SBA |
| 2022 | |
|---|---|
| Gross Sales | $ 2,700,000 |
| Gross Profit | $ 688,000 |
| Disc. Earnings | $ 460,000 |
Description
Los Angeles Construction and Water Restoration Company with 95% of Revenue from Property Managers and Homeowner Associations.
- High Recurring Revenue - Near $3,000,000 annually
- Well Known and Established in the High Income + Property Value of the West Valley of LA
- Great Growth Opportunities
- Small Staff Requirements - Sub Contractors handle the work
This is an excellent opportunity for a established contractor looking to expand. They operate with low staffing requirements. Great niche into HOA properties and Property Managers - around 40 currently, great with recurring business revenue.
Seller has great ideas to growth revenue with additional add-on services.
Class B General Contractors License is required
Please visit: https://www.bizex.net/buy-business/register to register with BizEx and sign an online NDA for additional information. Registration is very simple, quick, and easy.
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.
