Very Profitable Non-Union Piping Contractor

Contact us About this Listing

Your Name
*Your E-Mail Address (Required)
Your Telephone
Business Team Office Nearest You

Call Us:

Brea: (714) 987-6147
Fresno: (800) 622-0192
Long Beach: (714) 987-6147
Los Angeles: (714) 987-6147
Monterey: (831) 372-5888
Pasadena: (714) 987-6147
Pleasant Hill: (925) 609-9100
Reno: (775) 828-5400
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Stockton: (800) 622-0192
Woodland Hills: (818) 999-9621

Category:
8396 - Building and Construction

Location:
Northern California - South Bay

Very Profitable Non-Union Piping Contractor

Business Description:

Very profitable commercial piping contractor. Non-union, lots of well-established relationships with general contractors, architects and other referral sources. Owner Retiring after achieving a remarkable turnaround by closing an unprofitable division, downsizing overhead, re-staffing with more effective employees, expanding staff to compete more effectively and forming relationships with stronger general contractors to get better projects. Gross margin improved from 30% to 43% and earnings increased from ~ $250K to $495K in 2016. Business is prequalified for 75% financing with 3 SBA lenders.


Asking Price: $1,800,000

Inventory (included):
$0
Real Property Available:
No

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Recast Earnings (Not Verified by Business Team)

12 Months Ended

12/31/2016

$4,827,051
(Sales)

$495,114
(Adjusted Cash Flow)

12 Months Ended

12/31/2015

$4,420,225
(Sales)

$246,610
(Adjusted Cash Flow)

12 Months Ended

12/31/2014

$4,310,919
(Sales)

$170,851
(Adjusted Cash Flow)

12 Months Ended

12/31/2013

$5,797,962
(Sales)

$406,692
(Adjusted Cash Flow)

Operations

# of Employees Full Time Part Time
Non-Owners 24 0
Owners 1 0

Hours of Operation
Monday - Friday 7:00 - 3:30

Licenses Required:

  • Business
  • Contractor

Lease

Monthly Rent Including NNN:
$2,758

Expires:
4/30/2020

Option:
No

Size(sq.ft.):
2,450

Miscellaneous

Type of Organization:
C Corp

Reason for Sale:
Retirement

Training:
4 weeks 20 hours

Contact us About this Listing

Your Name
*Your E-Mail Address (Required)
Your Telephone
Business Team Office Nearest You

Call Us:

Brea: (714) 987-6147
Fresno: (800) 622-0192
Long Beach: (714) 987-6147
Los Angeles: (714) 987-6147
Monterey: (831) 372-5888
Pasadena: (714) 987-6147
Pleasant Hill: (925) 609-9100
Reno: (775) 828-5400
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Stockton: (800) 622-0192
Woodland Hills: (818) 999-9621

Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.