• Offered at

    $5,950,000

    Offered at

  • Revenue

    $8,362,576

    Revenue

  • Discretionary Earnings

    $1,888,450

    Discretionary Earnings

  • Down Payment

    $1,039,894

    Down Payment

Est. 1994, Government Contracts, Playground, and Recreation Projects throughout California

Public & recreational space construction company specializing in the demolition, construction of recreational and public spaces including parks, playgrounds, and outdoor public spaces.

$8.4M in sales in 2021 and $1.8M Discretionary Earnings, offered for acquisition with SBA financing.

The company provides construction for both private and public recreation projects, from excavation, and demolition, to final installation and paving.  Clients include school districts, cities, counties, churches, and private companies.

The company offers services ranging from general construction of public recreation spaces to sitework, drainage, pipeline, retaining walls, demolition services, and slope stabilization.  The company’s primary niche is recreation areas and recreation structures/facilities throughout California.  Projects have included equipment, shade structures, surfacing, site work, equipment installation, and curbing.

Summary:

  • Offered at $5.95M
  • $8.4M in sales
  • $1.9M Discretionary Earnings
  • $1.04M Down with SBA Financing (excludes A/R)
  • Staff includes 23 Highly Trained professionals
  • High-Quality Vehicles and Equipment

Services:

  • General Construction
  • Public Recreation Space Development
  • Demolition
  • Site Amenities
  • Pavilions & Structures
  • Outdoor Fitness Equipment

Buyer Skills and Requirements:

The Company has a General Contractor B license. The SBA requires the Buyer to personally have or obtain the contractor’s license(s) prior to the close of escrow.  The Buyer can use a third party to act as the RME or RMO if they are a guarantor on the SBA loan.  

The Seller will provide training for 4 weeks/40 hours per week and is available for consulting as negotiated after the initial training period.

Reason for Selling:

The owner is retiring.

Inquiries from principals only

Financial Summary

Summary 2019 2020 2021
Revenue $8,253,825 $7,572,748 $8,362,576
Cost of Goods Sold $3,528,746 $3,969,258 $4,040,347
Gross Margin $4,725,079 $3,603,490 $4,322,229
Operating Expenses $3,648,270 $3,142,555 $3,131,257
Net Profit $1,076,809 $460,935 $1,190,972
EBITDA $1,766,738 $941,888 $1,738,450
Owners Benefits $839,929 $630,953 $697,478
Discretionary Earnings $1,916,738 $1,091,888 $1,888,450