Telecommunications Infrastructure Construction Contractor

Alameda County, CA

Seller Financing Available

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Asking Price:$8,000,000
Gross Revenue:$10,000,000
FF&E:$3,000,000
Cash Flow:$1,900,000
Rent:$9,000/Month
Established Year:2009
BUSINESS DESCRIPTION

Profitable commercial construction general engineering contractor, with recurring Fortune 500 customers, over 50 employees, and extensive equipment and vehicles. In San Francisco Bay Area. THe company serves California, Arizona, Nevada, and southern Oregon.It's customers are mostly major telecommunications companies.

Typical annual sales close to $10,000,00, with typical SDE for the owner-manager of about $1.5 million. Asking price is $8,000,000, subject to negotiation, terms, and timing. Some seller financing possible. All reasonable offers will be considered.

Profitable commercial construction general engineering contractor, with recurring Fortune 500 customers, over 50 employees, and extensive equipment and vehicles.

This profitable business is engaged in general engineering construction contracting, including underground construction and paving. Particularly engaged in sustainable, consistent, ongoing services for the telecommunications industry consisting of directional boring, open trenching, rock saw trenching, asphalt removal & replacement, concrete removal & replacement, and paving.

Customers consist of major telecommunications and other Fortune 500 companies. The company employees over 50 personnel consisting of office staff, field management, and 5 production field crews of 6-8 men per crew. It has been in business for over a decade and carries a Class A & B Contractors License.

The business is housed in a warehouse/office space and yard space for vehicles & equipment at rent of approximately $9,000 per month in an industrial area. A new owner can continue the lease arrangement pending approval of the landlord and buyer to ongoing terms.

The acquisition includes all furniture, fixtures, and equipment ('FF&E') with an estimated market value in excess of $3,000,000. All FF&E, including vehicles, will be conveyed to the buyer free of all liens and encumbrances.

The current owner will be available for a smooth training and transition process.

The market reach and potential growth are unlimited based solely on expansion of the geographic area served.

Based upon current negotiations and activities,, the company anticipates 2024 sales of $10 to $12 million.

The Transaction: The asking price is $8,000,000. However, the seller will consider all reasonable offers and will accept an offer based on a combination of price, terms, and timing. The sale includes all assets, tangible and intangible, except for accounts receivable, cash-on-hand, and the corporate entity itself, and also excluding all accounts payable and notes payable which will be satisfied by the seller at or before Closing.

Note that we are offering the business for sale, not the corporation. In such a purchase, you would acquire all assets of the business--tangible and intangible, including the name--except for Accounts Receivable, Cash-on-Hand, and any rental security deposits. Resale inventory would be purchased on a "cost" basis or as negotiated. Also, you would NOT assume any accounts payable, notes payable, or any other debtor liability of the selling corporation. All physical assets would be conveyed to you free and clear of all encumbrances and liens.

Exclusive Broker: Tim Cunha, J.D.
California DRE License #01919755

Note: All data on this business are provided by the Seller for information purposes only, and
no representations are made by the Broker as to accuracy. The Broker has made no
independent verification of the data contained herein. The Broker represents the Seller and does
NOT represent the Buyer. The Buyer is advised to perform independent due diligence and seek
the advice of appropriate qualified professionals prior to purchasing the Business.


DETAILED INFORMATION
Location
Alameda County, CA
Inventory
Not Included in asking price
Real Estate
Leased
Employees
50
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
TBD
Support & Training
Reasonable training and transition support to be negotiated
Reason for Selling
Retirement
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Tim
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Tim Cunha