Construction Services In The Sioux Falls Area
Relocatable, SD Not Disclosed
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- RE: Construction Services In The Sioux Falls Area
- Contact: Josh Grode
Quick Facts
| Asking Price: | $1,600,000 | |
| Annual Revenue: | $1,714,904 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $499,347 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $1,545,360 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1999 | |
| Employees: | 6 | |
| BBN Listing #: | 951771 | |
| Broker Reference #: | 5401-18495 |
Business Overview:
Large-scale demolition projects are the primary work for this company. Jobs are generally within 60 miles. Specialized equipment that others do not have makes this a sought-after company that is able to do specific projects for customers. The Company does most of the work for many of the top construction firms in the area and has built a relationship over the years with many of these large companies. The Company has a reputation for completing projects on time, on budget, in a professional manner, and leaving the job clean. The owner works 5-10 hours per week by choice.
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Property Features and Assets:
A 6,500 square foot building with an office and breakroom is available. It is of adequate size for current operations and would serve a new owner well. The real estate is currently owned by the business owner and is available for sale or lease. Terms can be negotiated.
Assets = $1,645,360
Market Competition and Expansion:
There is a similar company in this industry, but they have shifted focus to a different line of work and are no longer considered competition. This business works with companies they have built solid relationships with over the years that can be handed off to the new owner.
As with most businesses in the area, labor is a bottleneck. Another ten employees could be put to work at once. That has forced the Company to explore high-tech options that allow for efficient project completion and less physical toil on the employees. Previously, the Company had twice as many employees and did twice the revenue.
Reason for Selling:
Retirement.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more South Dakota businesses for sale
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