Business Valuation • Business Brokers • M&A Brokers
Inland Empire • Los Angeles • Orange County • California
Price: $4,200,000
Down Payment: $420,000
Sales: $4,044,668
Cash Flow: $1,023,000
Inventory: $0
Inventory Included: No
FF&E: $0
Monthly Lease: $2,039
Financing: Yes
Year Established: 2020
# Employees: 46
Facility Size: 647 sq. ft.
Training: 4 weeks
Reason for Sale: Retirement
Contact business broker for more information regarding this Specialty Contractor Services Business servicing new home builders in the Inland Empire in California. New home builders in California are required to provide home warranties for workmanship, systems, and structural issues for up to 10 - years depending on the defect. Most builders outsource their warranty repair needs and this business provides those repair and warranty service’s needs. Customers include over 20 home builders, including the major residential building contractors in the Inland Empire. The business enjoys a stellar reputation for its quality and service. They are certified and approved by home builders to work on their projects. In addition to providing warranty services, the business participates in the preliminary inspection of a home before the buyer walk through and provides whatever construction and finish needs that are detected. The business has been very profitable since its inception and is a high gross profit and low overhead business. And, the business has very few if any competitors The Business operates from an office in in Southern California and most employees are long term. While new homebuilding in California is expected to be flat for next several years, the Inland Empire is expected to continue its excellent growth in new single family home building and be one of the strongest areas for new home building for the rest of this decade. In addition, the time nature of home builder warranties has created an extensive potential backlog of business for this business. The business can easily expand sales with existing overhead; and growth and expansion would be to begin offering services to new home builders in Orange and San Diego Counties. The operating owner is retiring but will assist new owners in transitioning the business. Business is SBA pre-qualified with 10% down payment and the asking price includes $200k in accounts receivables for buyer to use as working capital. Contact business broker to complete Non-Disclosure Agreement and receive more information regarding this Certified Warranty Inspection, Repair, and Staffing Services business for sale located in Riverside County area of Southern California.
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.
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