Demolition-Concrete Coring-Excavation

California
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Asking Price:$10,000,000
Established Year:1983
Gross Revenue:$10,000,000
BUSINESS DESCRIPTION

Profitable and proven Bulk or Stock sale opportunity for leader in Demolition a

Demolition & Excavation company for sale: Buildings, Roads, Bridges, Runways, and General Construction projects with over a 35 year track record available. Consistent year over year gross revenue increases with 2021 topping Ten Million Dollars (10. M). Fully staffed with Key Management ,Equipment Operators, and boots on the ground technicians. Great on the job record with a zero tolerance safety policy. All "over the road" , heavy equipment, site equipment, robotics, and hand powered equipment is CARB (California Air Resources Board) certified per ownership. Business Valuation exceeds 10,000,000 (10.M)*includes A/R, Assets, and some cash, with excellent EBITDA. Poised for a bulk or stock sale. There is a great lease in place or the company headquarters' building and yard can be sold . Keyman management willing to "stay on" based on terms and conditions.
Bulk or Stock sale price could include cash equivalents, accounts receivable, prepaid expenses, other asset values which would include equipment, payables and a 4.33 multiple of adjusted cash flow. All buyers will need to sign confidentiality statement and show financial data that could facilitate this transaction.


DETAILED INFORMATION
Location
California
Inventory
Included in asking price
Real Estate
Owned
Building SF
12,000
Facilities
Company maintains a 12,000 square foot Corp headquarters and yard. Company exceeds 10.0 Million in annual sales. Excellent for a bulk or a stock sale. Cash and equivalents 2.4 million, A/R= 1.0 Million +/-, fixed assets 2.5 Million, ACF (Available Cash Flow) $900,000 avg at a 4.33 multiplier based on risk and industry assessment showing a good will value of 4.0M *asking price 10Million.
Competition
excellent
Growth & Expansion
based on buyer. Perfect for expansion through acquisition.
Financing
Open for discussion.
Support & Training
key man contracts available
Reason for Selling
retirement
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Randall
Barondess
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Randall Barondess