Construction Niche HOA/PM Co in LA

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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.


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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
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 146
Direct: (310) 293-6414
Lic#: 01220802




Dan Higgins
Marketing Consultant
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 166
Direct: (714) 719-1809
Lic#:

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