30+ Year Plumbing Contractor - $1.5 million in Cash Flow

Well positioned for growth!

$1.5 million in working capital is included in the sale! The Company enjoys a large business footprint, consistently working in San Diego, Orange, Riverside, and San Bernardino Counties. Prioritizing safety, quality, and culture, the team enjoys an outstanding reputation in the market. The company has a diverse range of capabilities and has accomplished projects across an array of building types including medical centers and hospitals, memory care facilities, military structures, hotels, senior housing and large multifamily developments.

Throughout their tenure, the company has skillfully navigated fluctuations within the construction market and has many deep rooted relationships with top tier, repeat clients including general contractors, owner/developers and government bodies. The company continues to capitalize on Southern CA's significant need for affordable housing and infrastructure as the region experiences explosive growth and no signs of slowing. The company has a backlog of 1 year+ and over $20 million in signed contracts on the books.

Owner has positioned the company for expansion by implementing a highly successful prefabrication program inclusive of CAD & BIM Design. Investing significant capital and years of trial and error perfecting this process has resulted in increased efficiencies and profitability, exemplifying just one aspect of their significant differentiating value.

Within the team are key employees who have been trained and mentored as operators to take over much of the current owner’s duties, namely bidding, and are willing to procure RME (Responsible Managing Employee) status if desired by the new owner. The company is non-union and performs work for both private and public entities.

Operating out of a highly desirable facility, which includes several large offices and a sizable warehouse, the company’s culture brings about a lighthearted, collaborative working environment complimenting a focused and dedicated team.

CEO is retiring but flexible on timing and willing to stay involved to help facilitate a smooth transition for the new owner. Listed by Brian Ciuchta DRE LIC# 02158158