© 2023 MergersCorp M&A International. is a global brand operating through a number of professional firms and constituent entities located throughout the world to provide M&A Advisory and other client related professional services. The Member Firms are constituted and regulated in accordance with relevant local regulatory and legal requirements. For more details on the nature of our affiliation, please visit us on our website https://mergerscorp.com/disclaimer. MergersCorp M&A International is not a registered broker-dealer under the U.S. securities laws.
This website does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service by MergersUS Inc. or any other third party regardless of whether such security, product or service is referenced in this website. Furthermore, nothing in this website is intended to provide tax, legal, or investment advice and nothing in this website should be construed as a recommendation to buy, sell, or hold any investment or security or to engage in any investment strategy or transaction.
This website is operated by MergersUS Inc.a US Corporation with registered office at 40th Wall Street, Suite #2725, New York, New York 10005, United States of America.
This well-established company does commercial and public works construction that specializes in general contracting, structural and non-structural concrete, and masonry. Like most companies, this business was greatly affected by COVID-19 but the company is now going strong again.
2020 revenue was approximately $5.4M and even with the COVID restrictions, the company’s adjusted net income was still positive. Prior to 2019, the company averaged over $7M a year in revenue and is back on track to achieve these numbers again in the future.
There is currently a backlog of over $4 M with another several million in potential jobs. The company employees vary between 10 to over 30 depending upon the projects being worked on. The key employees have been with the company for many years. A new owner with additional working capital could grow the company significantly more. The seller would consider staying on with the right buyer.
© 2023 MergersCorp M&A International is a global brand operating through a number of professional firms and constituent entities located throughout the world to provide M&A Advisory and other client related professional services. The Member Firms are constituted and regulated in accordance with relevant local regulatory and legal requirements. For more details on the nature of our affiliation, please visit us on our website https://mergerscorp.com/disclaimer. MergersCorp M&A International is not a registered broker-dealer under the U.S. securities laws.
This website does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service by MergersUS Inc. or any other third party regardless of whether such security, product or service is referenced in this website. Furthermore, nothing in this website is intended to provide tax, legal, or investment advice and nothing in this website should be construed as a recommendation to buy, sell, or hold any investment or security or to engage in any investment strategy or transaction.
This website is operated by MergersUS Inc.a US Corporation with registered office at 40th Wall Street, Suite #2725, New York, New York 10005, United States of America.
This website is operated by MergersUS Inc a US Corporation with registered office at
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Description
This well-established company does commercial and public works construction that specializes in general contracting, structural and non-structural concrete, and masonry. Like most companies, this business was greatly affected by COVID-19 but the company is now going strong again.
2020 revenue was approximately $5.4M and even with the COVID restrictions, the company’s adjusted net income was still positive. Prior to 2019, the company averaged over $7M a year in revenue and is back on track to achieve these numbers again in the future.
There is currently a backlog of over $4 M with another several million in potential jobs. The company employees vary between 10 to over 30 depending upon the projects being worked on. The key employees have been with the company for many years. A new owner with additional working capital could grow the company significantly more. The seller would consider staying on with the right buyer.
Basic Details
Target Price:
TBD
Gross Revenue
$5,400,000
EBITDA
TBA
Established
1984
Business ID:
L#20210217
Country
United States
State:
United States
City:
San Diego
Detail
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