Listing ID: 81145
This is a construction company specializing in above ground fuel tank installations, design, permitting, testing and consulting. With 31 years of contracting in Northern California from Fresno to the Oregon border, there is very limited competition in these areas. All equipment, tools and rolling stock are included. (see inventory and equipment lists below) The rolling stock includes a 2014 RAM 3500 service truck, a 2021 Ford F-350 service truck, a 24′ 3 axle flatbed trailer rated at 15,000 lbs., a 5000# fork lift, and a 5000 PSI pressure washer. Sales and profits are tracking very well for 2021! Current clients include agriculture, commercial, governmental agencies, oil and fuel jobbers and private enterprises.
Currently they have signed contracts for several hundred thousand dollars of work taking them into 2022. The seller is willing to assist in the transition with training and maintenance of existing clients and future clients. The business can be relocated but is currently in a beautiful area of Northern CA with very low rent, within minutes of national forests, with hiking, fishing, lakes and streams and all outdoor activities. There are great schools in the area; it’s a wonderful place to raise a family.
This is a great opportunity for an existing company wanting to expand into Northern California or for a chance for someone in the trades that would like to have their own and expand their own business.
(1) 2500 # Clark Triple Masted Forklift
(2) 3500 PSI/350 Degree Hotsy Trailer Mounted Pressure Washer
(3) 2014 Ram 3500 Service Truck/tools included
(4) 2021 Ford F-350 Service Truck/tools included
(5) 1997 24 foot long x 8 foot wide 3 axle trailer (flatbed)
Rockwell Floor Mounted Drill Press Air Diaphragm Pumps 1 Inch/1.5 In
Rigid Pipe Threader 535 and 300 up to 3 inch Lifter Hi Lift Manual 1000 # Cap
Rolling Pipe Stands Oxy/Ace Torch Set on Cart
Stationary Pipe Stands DC Welder On Caddy
Tripod Pipe Stands Phil Tite Piping Tools
Floor Mounted Pipe Vice Ameron Handheld Taper Tool
Wet Dry Vacs Tank Testing Tools Pressure Decay
Ameron Piping Tapering Machine
160 PSI Air Compressor (portable)
Paint Guns Air Operated
Bandsaws Floor Mounted
Equipment Inventory-New and Used
Convault Saddle Shoes, All Sizes
Fuel Filters, All Sizes
Electrical Wire Rolls/Fittings
Steel Flex Hoses, All Sizes
Fuel Nozzles, All Sizes
Fuel Tanks, UL 2085/Single Wall/Double Wall
Snow Tire Chains, All Sizes
Victaulic Pipe Fittings
Air Hoses/Fuel Hoses, All Sizes
Fiberglass Piping 2” and 3”
Caps and Plugs Steel, All Sizes
Steel Pipe Fittings, Vents, All Sizes
Commercial Fire Extinguishers for Jobsites
Anchor Bolts/Steel Nuts and Bolts, All Sizes
Paint for Tanks Durethane 2 Part Epoxy
Sump Testing Tools and Equipment Caldwell
Card Reader Pedastals
Disclaimer: The information provided here is compiled from information obtained by the Seller(s). The broker or agent makes no representation as to its accuracy or reliability. Buyer(s) should rely upon their own verification & that of their financial &/or legal advisors with regard to this information.
- Asking Price: $295,000
- Cash Flow: N/A
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: N/A
- Inventory: $25,000
- Inventory Included: Yes
- Established: 1996
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:2,500
- Lot Size:N/A
- Total Number of Employees:7
- Furniture, Fixtures and Equipment:N/A
The company has been in the same property including a yard and 2500 square foot shop and office for 31 years.
The seller is willing to do whatever it takes to help the new owner with training and transition
There is very little competition in the market areas served.
There is room for expansion for a new, energetic owner or an existing company looking to expand to Northern CA.
The company was started in 1996, making the business 26 years old.
The transaction does include inventory valued at $25,000, which is included in the asking price.
The company has 7 employees and is located in a building with estimated square footage of 2,500 sq ft.
The property is leased by the company for $700 per Month
Why is the Current Owner Selling The Business?
There are all kinds of reasons why people decide to sell businesses. Nonetheless, the true factor and the one they tell you might be 2 absolutely different things. As an example, they may say "I have too many other responsibilities" or "I am retiring". For many sellers, these factors stand. But also, for some, these might just be reasons to attempt to conceal the reality of altering demographics, increased competition, recent decrease in revenues, or an array of various other factors. This is why it is really essential that you not depend entirely on a seller's word, yet instead, utilize the vendor's solution in conjunction with your overall due diligence. This will paint an extra sensible picture of the business's current circumstance.
Existing Debts and Future Obligations
If the current entity is in debt, which many businesses are, then you will have reason to consider this when valuating/preparing your offer. Many companies take out loans with the purpose of covering things such as supplies, payroll, accounts payable, so on and so forth. Keep in mind that occasionally this can mean that revenue margins are too small. Numerous organisations fall into a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may also be future commitments to take into consideration. There may be an outstanding lease on tools or the building where the business resides. The business may have existing contracts with vendors that must be fulfilled or may cause fines if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do operating businesses in the area draw in new customers? Most times, businesses have repeat customers, which develop the core of their everyday revenues. Specific factors such as new competitors growing up around the location, road building and construction, and also personnel turn over can affect repeat consumers and negatively affect future profits. One important point to think about is the placement of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the highway? Obviously, the more individuals that see the business regularly, the greater the chance to build a returning customer base. A final thought is the general location demographics. Is the business located in a largely populated city, or is it located on the outskirts of town? Exactly how might the local typical home earnings effect future income potential?