Profitable Underground Septic/Sewer Business in Coachella Valley, CA

Riverside County, CA

Seller Financing Available

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Asking Price:$1,300,000
Gross Revenue:$2,270,229
Established Year:1983
Cash Flow:$340,000
FF&E:$516,380
BUSINESS DESCRIPTION

Established in 1983, this profitable underground construction company is for sale in Coachella Valley, CA. Contracts currently cover Palm Springs to Thermal, also the high desert. A new headquarters is currently under construction in Thousand Palms, CA.

The company provides a wide range of sewer & septic work, dry wells, & excavation. With 13 employees in place, the company holds a C-42 (septic and sewer) and a C-21 (demolition) license. The business has limited competition due to very strong relationships with upscale developments and C.V. municipalities, Riverside County, IID & SCE, inspectors, builders, general contractors. Business does their own asphalt grinding/patching and concrete work.

Reason for Selling: Retirement and pursuing other business interests. Owner will stay on a reasonable amount of time to transfer the operation to the new Buyer, including introductions, current contracts, bidding, operations, etc.

Furniture, Fixtures, Equipment and Inventory included in the Asking Price. Complete FFE list available to qualified Buyers. ***Materials are purchased per project, therefore, inventory automatically depletes.

Additionally; Office (under construction) will be on two lots totally approximately 1.2 acres. It is 1.5 miles from I-10 in Thousand Palms, the geographic center of Coachella Valley. The building and associated land can be negotiated separately for purchase or a lease option at approximately $6500/mo. There is also a 5-acre existing yard that is 1.5 miles away available for purchase or lease under a separate contractual negotiation.

If you are seeking a second location, have experience and are ready to operate your own underground construction business, contact Business Advisor for additional details CalDRE 02065120 / Broker 02066739

The above information, while not guaranteed, has been obtained from sources deemed reliable and is subject to change without notice. Buyer must verify the information and bears all risks for any inaccuracies.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Employees
13
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
Depending on terms of the agreement, willing to review.
Reason for Selling
Retirement, pursuing other business interests.
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LeeAnn
Schumacher
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LeeAnn Schumacher