Established California Development Company with Growth
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Asking Price
$28,500,000
Detailed Information
California - North, US
Not Provided
NA
Business Description
Business Overview: A well-established company with key management in place, specializing in commercial and residential development under the oversight of a holding company. The owner is retiring, presenting a rare opportunity for divestment. The company holds a California General Building License and has ample room for growth with only a 1% market share in its segment. Equipment worth $1.5MM and real estate valued at $3.0MM are included in the sale, with financing options available. Operational Autonomy: The company enjoys both operational autonomy and oversight from a holding company, ensuring smooth day-to-day functioning while benefiting from experienced management. With a strong client base of over 20 long-term customers and recent additions to its portfolio, the company has established itself as a reliable player in the market. The potential for growth is significant, with various avenues ready to be explored for expansion within the business sector. Expansion Opportunities: Beyond its current market presence, the company has room to expand further and increase its market share substantially