Piping contractor for new construction and reconstruction of commercial buildings plus maintenance work for many semiconductor, high tech and pharma clients as well as hotels, restaurants and other types of businesses. Works for general contractors on very large projects and the company has many good relationships with most of the larger general contractors in the South Bay. Non-union shop still, although union tried to organize the company a few years ago and failed. Earnings are now back to normal after suffering for 2013-2015 due to piracy by some employees who started their own company & took several clients, failed union organizing attempt and failed startup of an HVAC division. Company downsized and moved to present smaller location, hired key employees in estimating and purchasing, shuffled its general contractor relationships to improve margins and is producing excellent profits now. The future looks bright for continued excellent performance according to the owner, who is ready to retire and move out of the area.
Asking Price $1,800,000
Disclaimer: MergerNetwork has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.