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Listed by:

Ace Business Brokers

Broker license number: 01820673

Underground Utility Construction Company Builds Soaring Profits For Sale

San Luis Obispo, California - South, US
Asking Price:
$1,600,000 Furniture / Fixtures included
Sales Revenue:
$3,900,000
Cash Flow:
$460,000

Multi-faceted heavy and civil engineering construction company grew into a booming enterprise thanks to the Seller’s intelligent creation of entities that separated production and equipment to maximize profitability and minimize tax liability. The result is three cohesive companies that serve as the foundation of a well-respected and highly profitable business.

The principal corporation expertly installs underground utilities and concrete structures used to support those utilities build for housing and large commercial developments for developers required to hire specialty contractors the the installation of water, sewer, storm pipelines, curb inlets, electrical and communication conduits, electrical and storm water filtration systems, communication utility vaults, natural gas lines, etc., on the properties being developed. Additionally, developers must also upgrade existing services (water/sewer/storm/electrical) that are not actually on the actual location itself but are necessary to support the needs of the development when complete, known as offsite improvements.
The secondary corporation is the entity that holds title to all of the equipment, tools and vehicles used to conduct business. That company rents these assets to the principal corporation.

NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

Property Information

Premises Details:

Facilities: Perfect for the business.

Business Operation

Expansion Potential:

An enthusiastic Buyer with good networking skills would likely result in new opportunities. To expand, consider a concrete division (curb, gutter, sidewalk, and drive approaches) or a street lighting division. The current customer base has a need for these subspecialties.

Competition / Market:

Three competitors within the widespread county handle projects at different price points. For the most part, this Company’s projects fall into a relative niche market given the scope of work and project size.

Reasons for selling:

Company built, goals met, time to retire.

Employees:
8-20
Years established:
16

Other Information

Support & training:

Seller is generously offering initial training for up to three months at 15 hours per week during. They may be open to limited-time consulting agreement if conditions can be agreed upon.

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

If the price and deal structure is right.

Furniture / Fixtures value:
$739,000 - included in the asking price

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