Specialty Commercial Construction Company, Northern California Engineering Contractor

Full Editorial Writeup

This is a specialty commercial construction and general engineering contractor headquartered in Northern California, serving a multi-state area with close to 100 employees. The company works with recurring corporate customers and owns an extensive package of equipment and vehicles, with estimated FF&E fair market value north of $12,000,000. It operates in the specialized engineering construction niche, which is a step up in margin and barrier to entry versus commodity general contracting.

The financial story here is one of rapid growth, and that is both the appeal and the catch. 2025 actuals landed around $16,000,000 in sales with roughly $4,000,000 in EBITDA, while 2026 is projected at $25,000,000 to $30,000,000 in sales with EBITDA in the $8,000,000 range. Contracted work-in-progress and backlog as of year-end 2025 was estimated to exceed $25,000,000, which gives real visibility into near-term revenue but also means a large chunk of the valuation rests on unfinished contracts.

The key wrinkle for buyers: this is not yet a live deal. The seller intends to formally accept offers in early Spring 2027, the CIM is not available until then, and the $30,000,000 asking price is explicitly tied to final 2026 numbers and year-end backlog. The broker is currently building a list of qualified industry buyers rather than running an active process, so this is an early look at a future transaction, not a closeable asset today.