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Construction Business

  • Status: Available
  • Price: $399,000

Nima Sadati

License No:
DRE #01358748
Email:
nima@lbaweb.com
Office:
925-932-2450
Mobile:
925-932-2450
  • Listing No: 4144
  • Status: Available
  • Area: Contra Costa
  • Price: $399,000

Description

This is a well-established and successful Construction company in Bay Area. The business is being run by 4 full time employees that work 6 to 7 days per week and if it is needed few of them will work extras on weekends to keep up with the demand of the business.  The seller pays one employee $35. per hour, 2x other employees get $27 per hour and the other 2 employees get $20 per hour. Seller claims his gross income on 2020 was about $500,000 and his Net was $180,000. Seller only doe the management, design and selling. The business has few cars, trucks and some tools that are included in the purchase price. The 1987 GMC dump Truck, Toyota Prius 2013 wrap with logo, and GMC savanna, workers van which are paid off. There is only one pick up truck (Chevy Avalanche 2013) that has balance of $19,000 with the bank is optional if the new buyer wants to take it. The seller is willing to stay with new owner to help for 3 x months with salary.

Business Information

Ownership Type: Corporation
Year Established:
Year Purchased:
Business Type: Construction
License(s) Required: Business
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4144
Date Available: 06/02/2022
Reason For Sale:

Financial Information

Annual Total:
500,000
Revenue:
Annual Net Income:
180,000
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
Lease Expires:
Lease Option:
NNN:

Financing Information

Down Payment:
Owner Will Carry:
Other Finance:
Terms:

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