BusinessQuest Brokers

Business Valuation • Business Brokers • M&A Brokers
Inland Empire • Los Angeles • Orange County • California

Sell a Business • Valuation

Business for Sale • Exit Plan

(800) 589-1286 Ext: 701

Business Solution

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IN YOUR BUSINESS™

Business for Sale:
Concrete Cutting, Coring and Demolition

County: Los Angeles, CA
Business ID: 16032

Complete Non-Disclosure AgreementPrint this Listing

Responsible Broker: Ron Varner, (310) 200-5680
DRE License No: 01849042

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Financial Summary

Price: $5,100,000

Down Payment: $1,000,000

Sales: $5,993,000

Cash Flow: $1,517,000

Inventory: $100,000

Inventory Included: Yes

FF&E: $1,200,000

Monthly Lease: $9,400

General Information

Financing: Yes

Year Established: 1987

# Employees: 20

Facility Size: 9425 sq. ft.

Training: 2 weeks

Reason for Sale: Retirement

Business Summary

Contact business broker for more information regarding this Specialty Construction Contracting Business located in Los Angeles County. This business has been pre-approved for SBA financing. The business is a full service concrete cutting, coring, and demolition business serving customers throughout Southern California. The business was founded in in 1987 has been very successful and profitable since its inception. Services include: Wall and Slab sawing for all commercial and residential concrete structure needs; and for highway, parking lot, bridge, access, and trenching requirements; Core Drilling for all types and sizes of openings; and Demolition that includes concrete breaking and removal; complete interior demolition and removal of dry walls, all plumbing, mechanical and electrical. The business has earned a reputation for excellent quality and on time performance and as a result enjoys repeat sales with its customers. There is no direct sales activity and sales are generated by repeat business from contractors and other entities that require these specialty contract services. Sales can be greatly expanded through the addition of Estimators which identify and bid on business opportunities. The business is headquarted and operates from a fully equipped warehouse-office-yard that is located on a one acre parcel. There is a free standing 9435 sq. ft. building that includes administrative offices, private offices, a conference room and estimating/engineering offices along with a warehouse. The facility can either be leased at a market rental rate or purchased at fair market value. There are 20 employees including 3 working owners and 2 additional administrative employees, including one estimator. FF&E and Inventory includes all necessary equipment and a large inventory of saw blades, bits and expendable tools. The transaction includes all of the assets of the business with the exception of cash, accounts receivable, and personal vehicles. Owner is retiring but will provide training and additional assistance if needed to transition the business to new ownership. Contact business broker to complete a Non-Disclosure Agreement and receive more information regarding this long established, very successful Specialty Construction Contracting Business sale located in Southern California.

Disclaimer

BusinessQuest® (“Broker”) has made no independent investigation or verification of any representation, warranty, document, or information presented by the seller herein. Prospective buyer is responsible for their own independent investigation with respect to such items and is advised by Broker to do so and to obtain the appropriate counsel from legal, accounting and other professionals concerning this business opportunity.