Government Contracting & Heavy Equipment Leasing Company#5014

  • Sold

About The Opportunity

  • Business specializes in government contracts for Electrical, Mechanical, HVAC and Plumbing.
  • Also offers heavy equipment rentals, leases, repairs, and sales.
  • Seasoned and capable management staff in place.
  • Stable, profitable company in business with the same owners for over 30 years.

Value Proposition

  • Sales price of $2.3M, inclusive of FF&E and Invt.
  • Annual revenue over $3.5M.  Growth all via word-of-mouth with no marketing.
  • Leased warehouse and admin facility of 13,000sf located in San Diego, CA with experienced staff.
  • Business participates in the government’s minority-owned 8(a) Business Development Program.  Ideal buyer would be eligibile for these benefits.
  • Owners are ready to retire and will offer training.

 

Other Important Information

The government contracting side has historically been the stronger part of the business, but the heavy equipment leasing has been growing.  The two divisions are often symbiotic – many of the rentals are to government organizations.  Also, when one side is slow the other often picks up, reducing the risk of economic cycles.

 

By The Numbers

YE 2/28/16YE 2/28/17YE 2/28/18
Gross Revenue$3,630,117$3,272,398$3,500,297
SDE$424,918$378,382$666,320

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