Loading…

For Sale: Construction Company - Semi Absentee Run, 50 Yrs - , California

$975,000.00

Asking Price

  • Status: Active

  • Posting ID: 285720

  • 3/19/24

 Construction Company - Semi Absentee Run, 50 Yrs Business For Sale

Description

Successful Semi-Absentee Owned Residential and Commercial Construction Company - SC2173

Financial Information
Asking Price: $975,000
Cash Flow: $250,000
Gross Revenue: $3,000,000
Down Payment: $975,000

This Northern California based residential and commercial construction company is a California C Corporation that has been in operation for the past 50 years, under the ownership of the founder. With a tremendous reputation in the market, and obtaining business by word of mouth, this construction company has built just about everything: Residential, Commercial, Casino’s, Banks, Roads, Boathouses, Amphitheaters, Medical and Dental Offices, Wineries, etc. They have been building custom homes for over 40 years, having built more than 400 homes in Northern California as well as constructed and remodeled several office buildings, restaurants, and stores. Having an award-winning safety record along with most of the staff being dedicated and with the company for over 20 years, they have designers and draftspersons on staff to provide superior service.

Business Location
City: Confidential
State: California

Reason for Sale
The Seller is retiring.

Detailed information
Year Established: 1975
Home Based: No
Franchise: No
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 12
Part-Time Employees: 4
Contractors: N/A
Owner Worked Hours/w: 15
Adjusted EBITDA: On request
Inventory Included: No
Monthly Rent: $1,200
Real Estate Available: No
Real Estate Included: No
Real Estate Value: On request
FF&E Included?: Yes
FF&E Value: $250,000

Training/Support
The Seller is willing to provide training at 20 hours per week for 2 weeks for the new Owner.

Market Outlook/Competition
The United States Commercial Construction Market size is estimated at $171.26 Billion in 2024, and is expected to reach $203.5 Billion by 2029, growing at a CAGR of 3.51% during the forecast period (2024-2029). The North America Residential Construction Market size is estimated at $0.85 Trillion in 2024, and is expected to reach $1.06 Trillion by 2029, growing at a CAGR of 4.5% during the forecast period (2024-2029).

CA 02100708
NV 1003039

To get more information about this Construction Company - Semi Absentee Run, 50 Yrs business for sale in please phone Adriana Sargent (Intermediary - BRE License #:02100708) at 408-981-7799 Call and 408-981-7799 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #285720 on BizBen.com. In addition to phoning Adriana Sargent, make sure you email Adriana Sargent above to get more info about this Construction Company - Semi Absentee Run, 50 Yrs, to ask any questions or request an appointment to see this business for sale. Thank you. License # 02100708. Sunbelt Business Brokers of Sacramento.

Show more

Contact

  1. Name: Adriana Sargent
  2. phone iconPhone: 408-981-7799 Call
  3. phone iconPhone: 408-981-7799 Text

Details

  1. Asking Price: $975,000.00

  2. Down: $975,000.00

  3. Cash Flow: $250,000.00

  4. Revenue:    $3,000,000.00

  1. Area:

  2. City: None Given

  1. Attributes:

    Broker CooperationAbsentee RunSemi-Absentee RunTraining & Support

My Notes About This Listing

1000 Character Limit. Write notes about this posting above. Just a reminder, your changes are not saved until you click the Save My Changes button.
Related Links & Information Regarding This Posting

Email Adriana Sargent Below About This Posting


Today’s Featured Businesses, Franchises, Opportunities For Sale On BizBen

Featured Resources, Advisors, & Intermediaries

Popular Blog Posts & Articles On BizBen Today

Popular Discussion Posts On BizBen Today