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CONSTRUCTION BUSINESS

Price: $399,000

Status: Available

Status: 4144

Status: Contra Costa

This is a well-established and successful Construction company in Bay Area.

The business is being run by four full-time employees that work 6 to 7 days per week, and if needed, a 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 per hour, and the other two earn $20 per hour.

The seller claims his gross income in 2020 was about $500,000, and his Net was $180,000. The seller only does the management, design, and selling.

The business has a few cars, trucks, and tools included in the purchase price. The 1987 GMC dump Truck, Toyota Prius 2013 wrap with logo, and GMC savanna, workers van, are paid off. Only one pickup truck (Chevy Avalanche 2013) has a balance of $19,000 with the bank, which is optional if the new buyer wants to take it.

The seller is willing to stay with the new owner to help for 3 x months with salary.

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BUSINESS DETAILS​

Ownership Type:

Corporation

Year​ ​Established:

1995

Year Purchased:

Business Type:

Construction

License(s) Required:

Business

Hours of Operation:

Business Relocatable:

No

Franchise:

No

Home Based:

No

Broker to Broker Co-Op:

No

Date Available:

06/02//2022

Reason for Selling:

Other interest

BUSINESS FINANCIAL INFORMATION

Annual Total:

$500,000

Base Rent:

Down Payment:

Revenue:

Lease Expires:

Owner Will Carry:

Annual Net Income:

$180,000

Other Finance:

Terms:

Inventory:

Lease Option:

Monthly Payroll:

NNN:

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