Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

General Contracting Company Now Available In California For Sale

California, US
Asking Price:
On request
Sales Revenue:
$58,000,000 (USD)
Cash Flow:
Available on request

With a backlog approaching $55 million (and growing), streamlined processes in place, and a unique IT infrastructure engineered to maximize efficiency, this general construction company presents an exciting opportunity for the right buyer or partner looking for an organized, highly profitable operation.

Early on, the company managed to get their foot in the door of the federal sector, which is no simple task. Today, most of the company's contracted projects are in service to the department of defense, and federal IDIQ's (indefinite delivery, indefinite quantity) contracts have given their staff and crews the experience needed to execute highly complex projects. IDIQ contracts currently represent around $7.7 billion in capacity. The company is actively pursuing and expects to add additional IDIQs in 2020.

The company completes federal projects across the continental U.S., and they plan to grow their commercial focus.

For the last three years, company revenues have been steadily increasing. By the end of 2019, they expect to generate around $50M, with 2020 revenues projected to be even higher. Bid volume has been steadily increasing since inception, and they typically win about 20% of what they bid.

The future of this company is simply a matter of finding the right opportunities to say no to and the right opportunities to say yes to, as well as building the team and structure to support the RFP's (request for proposal) they are already receiving year in and year out.

With one of the founders approaching retirement, the company is looking to sell or find a new partner. The second founder is still far from retirement and would be interested in a continued career, depending on the deal.

For more detailed information, such as financial documents, a video Q&A with the owner, SWOT analysis and more, please visit the GoExio website (link below) and select "Get Started" to sign an electronic NDA and unlock the hidden content.

Property Information

Real Estate:

Real Property Included

Location:

California

Premises Details:

This company operates out of a 2-story building, which they own with a $1.3M mortgage. They currently occupy around 11,000 sq. ft. of the first floor.

Business Operation

Reasons for selling:

One owner is approaching retirement.

Employees:
40
Years established:
11

Other Information

Support & training:

The parting owner is willing to stay on through a transition for one year, depending on what's right for the deal.

Contact Information

  1. Optional
  2. Country

  1. Optional
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to Exio. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here