Established Construction Business, Long Beach, CA

Featured on BizBuySell.com . 17 viewed

Asking Price

$750,000

FOR SALE - ACTIVE

Detailed Information

Location

San Bernardino County, CA

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BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

This opportunity offers ownership of a successful construction and painting company operating five days a week, with over 30 years of experience. Originally a painting company, it has grown into a general construction services provider with strong client relationships and a proven track record of reliability and quality work. The current owner is minimally involved, dedicating about 15 hours per week to administrative tasks while focusing on maintaining existing clientele. The business boasts gross revenues of $1,793,002 and a net income of $461,484 for the fiscal year 2023, with a dedicated team of 10 full-time employees, 2 part-time employees, and 5 contractors. The owner’s involvement is remote, providing opportunity for potential growth by the new owner through strategies like social media marketing and other advertising initiatives. The low monthly rent and long-term lease option further enhance the appeal of this acquisition for those looking to enter or expand in the construction industry in California. Prospective buyers must sign an NDA and complete a buyer

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Listed By:

Name : Mani Singh

Phone Number : Show Phone number

Mani Singh typically replies in about 7 minutes

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