Profitable Water Construction Business for Sale in Grizzly Flats, United States
Established | 30-40 year(s) |
Employees | < 2 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 12 thousand |
Run Rate Sales | USD 12 thousand |
EBITDA Margin | 40 % |
Industries | Land Developers + 1 more |
Locations | Grizzly Flats |
Local Time | 1:02 PM America / Los Angeles |
Listed By | Business Owner / Director |
Status | Recently Active |
- The business is located in Grizzly Flats and operates in the contracting industry, focusing on construction, renovation, and repair in real estate, with a primary focus on residential projects and some commercial work. The business is operated on a 24 acre ranch with Gravel Roads a 3 acre lake with Island, a 1 Acre Pond with Island, 7 creeks, well, septic, Fiber optic internet, Cell tower within 2500'. There are places for hydroelectric power, meadows. There are historical artifacts from a town founded in 1850, as well as the "Old Wheeler Mine, " a gold mine.
- The contractor is currently managing an average of 20 projects per year, with project durations ranging from a few days to a few months, depending on the size and scope of the project.
- The current portfolio includes two spec home projects worth USD 500k each, reflecting a robust pipeline of potential revenue-generating opportunities.
- The contractor is seeking an investment partner to facilitate a transition into semi-retirement and is offering a nearly 2-acre parcel of land as part of the partnership, with specific terms to be discussed.
- The partnership opportunity includes the potential for the investor to be enrolled on the contractor's license, enabling them to take over the license without the typical prerequisites, offering a unique value proposition.
- The business model emphasizes hands-on management and subcontracting, with a focus on securing and managing contracts for various projects, including fabricating, grading, sawmilling, excavation, home design, and real estate development.
- The partnership aims to build and sell spec homes, with the goal of training the partner to take over the owner's license upon their retirement in a few years.
- The partnership will initially focus on developing the 2-acre parcel and an additional 6-acre parcel owned by the business owner.
- The owner is open to partnering with someone who may not have construction experience but should possess confident management skills.
- The business owner plans to remain involved and assist in the projects, and there are opportunities for hydroelectric power and solar energy on the property anytime in the future.
- Business has a CSLB license.
Construction, renovation, and repair works in real estate.
Most of the projects are residential, a few are commercial.
Projects include fabricating, grading, sawmilling, excavation, home design, and real estate development.
Currently working on spec homes development.
Physical assets include the value of land, 10 million Gallons of annual appropriative water rights, (28=acre feet), and equipment currently included in the deal.
This place, in addition to a great business site could become a development as it has its own water infrastructure. It is within 3 miles of a popular resort called Leoni Meadows. The land burned during the Caldor fire. There are thousands of board feet of pine, fir, and cedar decked for milling, and about 50 trees survived. There are dead standing timbers, maybe 1000, that can be milled. Blue pine is the most popular lumber. With timber sawmill business set up, as well as a 3-acre lake with fish, a one acre pond with fish, power, septic, fiber optic wide band internet income can be generated with minimal employees. I work it by myself for extra money, but this could be a boom with rebuilding the hundreds of homes that were burned down. .
We are located at a 4,000 ft base of the snow line with minimal winter snow.
The investor will be given 2 acres of land.
The business has very low overhead, the lot mentioned is free and clear, and the fees are under a grand a year to keep the license and property taxes etc.
Sole proprietorship business.