Businesses For Sale

Business Type: 
GENERAL CONTRACTING BUSINESS
Location: 
Orange County
Asking Price: 
$395,000
Listing #: 
PCBB #352
Gross Sales: 
1870872
Cash Flow: 
$248,053
Summary: 
This General Contracting Company has been operating successfully under the original ownership since 1986. The greatest asset of the company is that their business is derived from contracts with the Government and County of Orange. The current contract with the County of Orange has 2.5 years remaining but the company has maintained contracts for the last 13 years. The business is being offered as a stock sale since the current license is with the Government and County contracts and the following licenses are included; B-General Contractors, C-6-Millwork, C-39-Roofing, & C-33- Painting. The owner is selling to retire but is willing to stay on with the new owner for an extended period of time to ensure a smooth transition. There are currently 3 employees plus a secretary in the office. The historical sales have been strong including 2007 which were $2 million and 2008 $2.8 million. The sales and net for 2014 were based on the tax return. This is an excellent opportunity to purchase a well-established General Contracting Business with set contracts, quality operations and history of strong sales and income • The sales from Jan-July 2015 were $1,250,000 through July and adjusted net was approximately $200k based on the P & L • The Seller is including $353,323 in Work in Progress with the sale of the business General Information; Facilities: The office is very centrally located to the 5, 57, 91, Freeways and the rent is only $1,500 per month and the office can be re-locatable Growth and Expansion: The sales in 2015 to date have increased substantially so a new buyer will be inheriting a company with a tremendous amount of goodwill as well as a great deal of work in progress. Support/Training: The seller will provide training and is willing to stay on with a new buyer for an extended period of time which could include up to one year Terms: Cash Reason Selling: Retire Year Established: 1986 Employees: 4 Contact Information Contact: Gregg Tobin Phone: 949-546-0903 Email: info@pacificcoastbusinessbrokers.com