Tuesday 5 May 2020

S-2937-15 THE Land Clearing and Grading Services (US)



Business Description:
The company is a specialty trade contractor specializing in demolition, land clearing and grading services for commercial, industrial and residential applications. The Company operates from an 8,000-square foot facility, which it leases from an entity controlled by the Owners. The facility includes a warehouse, storage yard and office space. Offering these services requires California Contractors Licenses C-21, C-61, Class A Engineering License, a facility, tools, equipment as well as eight personnel with industry experience. The Company has a proven track record supported by 31 years of ongoing business. With its niche range of services, the Company’s marketing efforts focus on targeting commercial, industrial and residential customers throughout Southern and Central California

Operational Strengths:
The Owners believe the Company’s service offering and customer base represent significant growth opportunities for a strategic buyer. Ideally, potential buyers should have an existing operation and/or sales organization, which already has a presence with, or needs access to, the Company’s existing customer base. It is important to note that an individual could purchase the Company. However, individual buyers should have direct industry experience,

The Transaction:  
The owner is seeking to sell the stock of the corporation preferably to a strategic buyer that considers the Company’s service offering and customer base complementary to their own. The current owner is willing to facilitate a smooth transition by remaining for up to 24 months in his current management role.

 

Financial Summary (000s)

2019
2018
2017
Revenue
2.3M
2.2M
1.9M
Adjusted EBITDA
544K
509K
184K

Other Highlights
Location
Financials
Management Team in Place
Years in Business
SIC Classification
West Coast
Reviewed
yes
31
1795


  
Direct All Inquiries to:

Gottesman Company
Refer to:  S-2937-15 THE
Tel: 718-618-5346      UK Office: +44 (0) 7906786505
                                        E-mail: dmj@gottesman-company.com