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Construction company with Tools and Equipment Included

San Jose, CA
Completed home
Completed home
Cash Flow:$143,000
Inventory:$5,000
FF&E:$50,000
Gross Revenue:$1,800,000
Rent:$8,000/Month
Established Year:1976
Listing ID: 2127744Listing provided by BizBuySell
BUSINESS DESCRIPTION

Residential design and build (GC) for remodels and additions.

Construction company (diamond certified) with tools and equipment (value $40,000) can be sold separately from Goodwill of the company with 48 years in business and the name, phone numbers and website to go with it. Construction business has general contractors license with business name, may be transferable. Early GC license in good standing, early number from the mid 80’s.May be required for buyer to have their own general contractors license or may be transferable.
48 years in business with about 3000 customers served for remodeling. Current customer database has file with about 800 names from these more current customers and referral base. We send out a newsletter to these addresses periodically. We have project records going back 20 years.
We have many projects that serve as excellent referrals that can be shown to new clients as you are selling them work. This is very important to show quality and performance with a high customer satisfaction. This greatly helps with closing projects and signing them up as well as getting a good price for the contract based on higher quality. We have excellent references. We have good yelp reviews. we have good credit rating through Dunn and Bradstreet. We have many active Supplier accounts with good credit rating.

Business is built on direct customer service where we are first point of contact rather than secondary contacts, such as through realtors architects or designers referring us work. Although professionals in the field recommend us, our database is proprietary and built directly with our customers. Having our own direct contacts that call us first when they need work, stabilizes our goodwill and referrals and ensures, a hardier referral base that does not evaporate through time as business contacts can sometimes do.
Previous years gross income has been above 4 million.

Tools and equipment can be sold separately or included in sale.

General questions can be answered by phone, but for more specific questions a Non-Disclosure Agreement will need to be signed.

DETAILED INFORMATION
Location
San Jose, CA
Inventory
Included in asking price
Building SF
1,000
Lease Expiration
30/09/2023
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Many construction tools (can be sold separately), scaffolding, portable, power, tools, etc. compressors, air tools, boring machines, table, saws, Miter saws Etc. Have full set of tools for 3 crews as well as heavy duty truck and trailer. Many small tools and other assets necessary for both small cabinet shop and construction work. Truck, vans and trailer. Office equiptment. Physical tools and assets can be sold separately from the Goodwill, which is by far the majority of the value of the company over 48years.
Competition
Referral base is strong with direct customer referrals.Excellent customer satisfaction With many happy customers willing to show their projects to new customers. This makes sales and competitive edge much better as it shows high-quality work and good customer relations.
Growth & Expansion
Business has in past years, been double the amount of gross revenue (Above 4 million), and can easily expand with the right person, driving it at the helm.
Financing
Will consider cash offers first in priority
Support & Training
Owner will negotiate to stay on and help indoctrinate new owner with agreement. Prefer to keep it to one to two months but up to 6 months if necessary.
Reason for Selling
I have been the owner for 47 years, am 68 years old, ready to retire, house in
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Ross R
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