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Listed by:

Colliers International

California Heavy Construction Contractor For Sale

California, US
Asking Price:
$22,000,000 Furniture / Fixtures included
Sales Revenue:
$55,270,060
Cash Flow:
$5,753,036

The Company is a well-established demolition, grading, and underground utility contractor headquartered in California. They have a general engineering license in the state of California.

The Company offers earthwork, 3D site modeling, demolition and site clearing, and drone flight and topography. Their customers include public and private entities, residential and commercial developers, and smaller individual projects in California.

Public work projects tend to have large revenue and could see additional funding with the passage of an infrastructure bill, but currently the fastest growing sectors are private housing and commercial markets. They also see growth potential by expanding geographically. The Company has experienced 32% CAGR in revenue since 2018, and 16% CAGR in adjusted EBITDA. $551,000 of assets are included in the sale. Another $11 million in equipment, owned by a related party and leased to the Company, is available for sale. Owning the equipment will significantly reduce a new owner’s rental expense.

Property Information

Real Estate:

Real Property Included

Business Operation

Reasons for selling:

retirement

Employees:
approx. 50
Years established:
2005

Other Information

Support & training:

negotiable as needed. Key management can stay on post-transaction.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

deal structure is negotiable

Furniture / Fixtures value:
$500,000 - included in the asking price

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