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Los Angeles

  • Listing No.: 130-00154

  • Category: Construction

Asking Price $3,500,000
Down Payment
Gross Revenue $10,500,000
Total Adjusted Net Income $1,404,219
Equipment/Fixtures $0
Year Established 2006
General Location Los Angeles
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Growing revenue and cash flow! Here is your chance to acquire the gem of home improvement contractors! This is not your typical general contractor company whose performance is strictly tied to the real estate market. The Company has been established for 12 years and has a sophisticated business model and infrastructure in place that propels its growth and ability to scale. The Company specializes in home improvements, which includes complete remodels, additions, kitchen and bath, roofing, hardscape, and limited painting, electrical, and plumbing work. The Company features an excellent reputation, brand recognition, professional and experienced staff, and the Company has won a number of awards within the trade. What makes this Company truly one-of-a-kind is its proprietary marketing, trained salespeople, and management team in place. The Company has a general manager and production staff in place. The Seller is mostly absentee, runs other businesses, and is only involved in high level strategy and supervision. This Company is ideal for other general contractors who are industry adjacent such as solar, restoration, painting, or for real estate developers and entrepreneurs who seek a high cash flow business. Contractor’s license is not required for the buyer! A/R may be purchased in addition to the asking price. Avg A/R is approx. $350K.The Company has clean books and records. Seller is selling to focus on other businesses and will use sales proceeds to fund new ventures. This deal won’t last long! Inquire now!

Gross Revenue $10,500,000 Listed Price $3,500,000
Total Income $1,404,219 Down Payment
Base Rent $8,090 Square Feet 1370
Total Rent $8,090 Lease Expiration 8/2020
Rent Deposit $2,700 Lease Options
Inventory $0 Leasehold Improvements $10,000
Equipment/ Fixtures $0 Other Assets A/R may be purchased in addition to asking price. Avg A/R is approximately $350,000
Full-Time Employees 7 Training Period 30 Days
Part-Time Employees 0 Special License Required CA General Contractor's License
Contract Staff 14 Reason for Selling Other business interests outside of industry

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.