High Growth Specailty Trade Contractor w/Incredible Potential

Los Angeles, CA
listing image
Sale Pending
Asking Price:$18,500,000
Gross Revenue:$36,300,000
FF&E:$8,000,000
Cash Flow:$4,700,000
EBITDA:$4,700,000
BUSINESS DESCRIPTION

This multi-faceted specialty trade contractor has achieved remarkable growth over the past 2 decades. The vertically integrated contractor, which complements the construction trade, offers a breadth of services with state-of-the art equipment and a seasoned, growth-oriented crew. The company boasts a proven track record of notable large-scale projects for a coveted client base and maintains a commitment to upholding stringent standards to accomplish their projects in a safe and environmentally friendly manner. The entity has a storied-history and has established a reputation for overcoming these challenges on-time, on budget, per the job requirements, in compliance.


ATTACHED DOCUMENTS
Executive Summary.pdf Download

DETAILED INFORMATION
Location
Los Angeles, CA
Inventory
Not Included in asking price
Real Estate
Leased
Employees
150
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The contractor operates out of an 11.6k square foot office/warehouse with a dedicated 150 person staff (with access to an additional 200 as needed) and possesses over $8 million worth of equipment ($2.5 ml owed), with over $2 million in remaining book value. The contractor, which can bond for $50 ml, has completed jobs valued at over $13 ml. and maintains a $3.0 ml line of credit. Its owner will remain through a transition period or long-term with rollowevr equity. Licensing in 3 states and 6 categories will remain in place post close.
Competition
This prominent contender sets itself apart in each of its lines of business by its unwavering commitment to safety, its innovative, environmentally sustainable work practices, innovative forward-thinking solutions, and its remarkable corporate culture that has resulted in a deep bench comprised of loyal staffers. Clients embrace the firm’s seasoned workforce that pride themselves in being the “best in class” in their trade.
Growth & Expansion
- Capitalize on the existing $25 ml in backlog booked - Maintain a yard to time inventory purchases and material sale value - Pursue a new, highly lucrative job types with attractive characteristics - Incentivize selling management to focus on Business Development - Agressively pursue bids in new geographies
Financing
Seller anticipates remaining part of the team via Rollover Equity in a Senior Managem
Support & Training
Seller anticipates remaining part of the team via Rollover Equity in a Senior Management & Business Development Role
Reason for Selling
Personal
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Ryan
Clark
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Ryan Clark