Can You Dig It?

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Background

BizEx ID:BizEx1423-AK
General Location:Beverly Hills, CA
Category: Construction
Special Trades
Years in Business:18
Under Present Owner:18
Hours of Operation:as needed
Owner Hours:as needed
Training:4 weeks @ 20 hours
Organization Type:C-Corp
Lease Expiration:
Lease Options:
Building Size:
Employees:1
Reason for Sale:Retirement/health

Financials

Asking Price:$126,000
Down Payment:Negotiable
Gross Sales:$171,089
Discretionary Cash Flow:$110,000
FF&E:$70,000
Inventory Included?No
Inventory:$0
Min. Operating Capital:$10,000
Real Estate Available?No
Rent:

Description

Learn from well regarded operator of a business doing excavation, demolition and construction work in one of Greater Los Angeles priciest neighborhoods.

Top of the line equipment included in the sale. The backhoe is a coveted, multi-functional machine.

A contractor's license is helpful but not necessary.

Seller's health is challenged requiring him to retire after years of success working with local contractors.

Licensed contractors may expand your present operation.

 

 


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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.




Arthur B. Kessler
Business Broker / M&A Advisor
100 Wilshire Boulevard
Santa Monica, CA 90401
Office: (310) 882-2200 ext 126
Direct: (310) 650-7900
Lic#: 01227004

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