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Sunbelt of Sacramento

Successful Semi-absentee Owned Residential And Commercial Construction Company In California For Sale

California, US
Asking Price:
$975,000 Furniture / Fixtures included
Sales Revenue:
$3,000,000
Cash Flow:
$250,000

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.
Real Estate Available: No
Real Estate Included: No
Real Estate Value: ON REQUEST

Detailed Information:
Lender Prequalified: No
SBA Prequalified: No
Rent: $1,200.00
Owner worked hours per week: 15
Market 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 (---------). 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 (---------).

Business Operation

Reasons for selling:

The Seller is retiring.

Employees:
Full Time: 12, Part Time: 4
Years established:
49

Other Information

Support & training:

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

Financing available:

Downpayment Required: $975,000.00

Furniture / Fixtures value:
$250,000 - included in the asking price