Insulation & Acoustical Contractor

Orange County, CA
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Asking Price:$2,300,000
Gross Revenue:$4,787,576
EBITDA:$751,710
Cash Flow:$901,710
Rent:$3,000/Month
Established Year:1980
BUSINESS DESCRIPTION

Profitable, Growing & Busy Contractor Business

In operation since 1980, the business is a C2 licensed contractor specializing in ceiling systems.
Officially licensed as an insulation and acoustical contractor – the company installs ceilings of all types in a wide range of property types, including office and commercial facilities, restaurants, multi-family properties, churches, medical and educational facilities, auditoriums, etc.
Staff of 21 full-time fully trained employees, with access to additional staff as needed.
Investment Appeal:
• Non-Union shop
• Well known, highly regarded, top quality reputation
• Owner works part time
• Well trained staff, paid weekly
• Strong financials

Approximately $1.1M backlog.

The Seller prefers a stock sale. Up to $300,000 of working capital, in the form of net accounts receivable is included in the listed price.

A purchaser will need to hold a C2 California Contractors license to operate this business. The seller is not interested in acting as an RME for an unlicensed buyer.

Please DO NOT request additional information on this opportunity unless properly licensed.


DETAILED INFORMATION
Location
Orange County, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,770
Employees
21
Facilities
The business occupies approximately 1,050 of office space, 400 sf of warehouse and an additional 320 sf of external storage. The Seller of the business owns the building, which includes other tenants. A buyer may enter into a long-term lease or relocate.
Competition
The Seller indicates that the market is quite busy.
Growth & Expansion
Per the Owner it "would be quite easy" to grow with the addition of Estimators and simply responding to more RFP's.
Support & Training
The Seller will provide transitional training. Operation of this business requires a C2 contractor's license.
Reason for Selling
Retirement
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Richard
M. Schammel
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Richard M. Schammel