On TV Los Angeles Contractor for Sale

670 Contractor
Asking Price:600,000 Gross Income:2,656,787 Cash Flow:272,409
EBITDA: FF&E:221,810 Inventory:
Real Estate: Established:2008 Employees:13

Business Description

Seller wants to close by Halloween!!!

The principal has readied the Company for market share accumulation with investments in all forms of operational fixed and movable hard assets (new trucks, field equipment, to name just a fraction of the myriad of investments into the firm). Over 83% of 2016 Revenue was from reoccurring clients - this is a rock solid acquisition which stays busy throughout the year! To take the Company to the next level and generate eight figure sales revenues, however, would require additional equity (sweat! along with capital) to expand beyond the current satisfied client base within Southern California and convert on all of the retail customer leads the Company receives from regular recurring appearances on TV. With a strategic acquirer, or quite frankly a hands-off but supportive capital partner the Company can continue on this 8-figure growth path with the support of the Owner as he would maintain his television presence, (or would be happy to segue that responsibility to someone on the Buyer's team that had a knack for that kind of work). There is deep-seeded pride by the Owner and key staff in the evolution of the Company from a single vehicle to the sophisticated financial engine of today. NDA is required for 20 page Confidential Information Memorandum crafted by Ace Business Brokers.

Additional Features

Detailed Information

Employees: 13

Furniture, Fixtures, & Equipment (FF&E): Included in asking price

Facilities: The Company occupies approximately 1,960 Square Feet of an industrial unit that comprises 1.74% of a larger eleven building, 112,185 Square Foot multi-tenant industrial complex. There is plenty of parking, and the Seller advises to stay at the current location because it has street frontage on a street filled with home remodeling suppliers.

Competition: Due to the TV show, the competition is not really an issue. Prospective clients feel as if they can trust the Company, since they have already seen the quality craftsmanship on television. The problem remains that in the current market there are more jobs than there are contractors to complete them.

Growth & Expansion: Further capitalize on the television appearances of the current Owner to develop a firm retail presence.

Financing: $400k Down, $200k Seller Carry Over 50 Months!

Support & Training: As needed.

Reason for Selling: Focus on own development projects.

 

Ace Business Brokers NDA & Buyer Profile

 

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