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Business For Sale
FULL-SERVICE CONCRETE CONTRACTING COMPANY
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Asking Price: |
Not Available |
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Business for Sale Industry: |
Services: Construction, Contractors
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Reason for Selling:
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retirement |
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Year Established:
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1978 |
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# of Employees:
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10 |
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Yearly Revenues:
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$775,855 |
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Yearly Cash Flow:
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$86,671 |
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Yearly EBITDA:
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$86,671 |
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Yearly Net Profit:
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$86,671 |
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Yearly Gross Income:
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$775,855 |
Business for Sale Overview:
Full-service concrete contracting company serving both residential and commercial clients. Company currently has all the work it can handle, and is poised for growth with the right management. Their long time reputation in the industry is one of the keys to their success and it continues to bring in business.
Personnel:
High quality construction work depends on good people. This company has a solid and experienced staff; six of ten employees have been with the company more than ten years.
Growth:
Construction companies depend on relationships with others in the industry, and this company has built strong relationships in the region, especially with vendors, suppliers, contractors and customers. The potential work exists, and company simply needs additional resources to enable it to take more work on.
Customers:
Largest Customer accounts for less than 25% of the revenues. 60% of customers have been with company for greater than five years.
Property Features and Assets:
The company is located in a large building on a one acre lot with office space and a large heated work area. The facility is only four years old and is in excellent shape (the owner is willing to negotiate the sale of the building as a separate transaction). All necessary equipment is included in the sale, including trucks, cranes, Bobcats, trailers, and concrete forms. All equipment has been well maintained and continually upgraded.
Market Competition and Expansion:
Because of the company’s three decade history of providing excellent service at a fair price, it has a superior percentage of repeat customers. The business faces little competition in the region and has a good profit ratio.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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