Listing

S. CA Specialty Construction Company - Sale Pending

Business Description

70 year success including through the 2020 Covid market downturn

The business is about 88% commercial/industrial, 2% residential, 5% parts sales and 5% temporary fence.

The commercial/industrial segment can be further divided into larger jobs, primarily private contracts and smaller jobs sold direct to end-user accounts.

Larger private contracts sold through GC's frequently allow for negotiated pricing using alternate products of better benefit to the owners at lower prices with improved margins.

Some Public Works jobs are also done through favored contractors but direct open bids are avoided.

Smaller jobs sold direct allow estimators to use cost-benefit analysis on behalf of the customer which also motivates commissions. 75% of these customers have historically been classified as 'repeat'. Many have been with the company for 25 - 50 years.

The business has previously demonstrated some success in e-commerce sales but currently does not have a strong driver to push this forward. It is a viable opportunity for the future.

Most larger jobs also include some access controlled gates, controls and equipment. There is a very strong opportunity to push outward from these opportunities to expand, including e-commerce related products. The company has many years of experience in this arena and many contacts.

The residential component has been drifting for some time and is currently on hold.

This business is at the ideal point for a private investor or family that can bring part-time oversight to existing operations and possibly invest a talented young "champion" to future target(s) of opportunity.

This location is the best place to make your investment for the future - both geographic and market.

The land is optional. A good lease will be included in any deal.

Contact one of the owners during business hours, EST, for an initial discussion.

Asking Price: $6,250,000

Cash Flow: N/A

Gross Revenue: $8,400,000

EDITDA: $1,100,000

FF&E: $250,000

Inventory: $50,000

Established:

Location: USA