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San Diego

  • Listing No.: 106-15439

  • Category: Construction

Asking Price $750,000.00
Down Payment $500,000.00
Gross Revenue $3,456,517.00
Total Adjusted Net Income $276,605.00
Equipment / Fixtures $45,000.00
Year Established 2015
General Location San Diego
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Well established highly profitable construction company with loyal customer relationships. Specializing in tenant improvements for food and beverage businesses. Revenue source varies from 70-85% commercial and 15-30% residential with a lot of room for growth. Seller has a B - General Building Contractor and is willing to stay on as a field manager. Seller states that the growth has been a little much for one person to handle and would prefer not to have work with the administrative side of the business. Seller also states that the business could grow into a 15-20 million dollar company with the right team and capital. Business has a few large accounts that keep them busy however they are well diversified. Company has 7 full time employees and 3 part time. The revenue as been growing rapidly at a rate of almost 100% per year since its inception. All work comes from word of mouth and no advertising is being done. Clean financials and tax records available for obtaining SBA financing for a qualified buyer. Seller financing available, asking $500k down.

Gross Revenue $3,456,517.00 Listed Price $750,000.00
Total Income $276,605.00 Down Payment $500,000.00
Base Rent $4,300.00 Square Feet 3200
Total Rent $4,700.00 Lease Expiration 1/2021
Rent Deposit $5,000.00 Lease Options Yes
Inventory Not Included Leasehold Improvements $25,000
Equipment / Fixtures $45,000.00 Other Assets
Full-Time Employees 7 Training Period TBD
Part-Time Employees 3 Special License Required B - General Building Contractor
Contract Staff Reason for Selling Would like to concentrate on building, development and not the administrative side.

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.