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- RE: Exceptional Construction Demolition Company
- Contact: Bill Molchan
Quick Facts
Asking Price: | $425,000 | |
Annual Revenue: | $585,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $166,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $200,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2014 | |
Employees: | 2 | |
BBN Listing #: | SB-56115 | |
Broker Reference #: | CLESWOH001-56115 |
Business Overview:
Explore the opportunity to acquire a well-established business in the construction demolition sector. Founded in 2016, this company specializes primarily in residential demolition, focusing on the removal of abandoned and condemned properties within the Greater Cleveland area. While residential projects are the core focus, the company occasionally undertakes commercial work, showcasing its versatility and adaptability. The operations are anchored by core values of safety, reliability, and customer satisfaction, consistently earning the company a strong reputation.A strategic advantage lies in the business's streamlined operational model, engaging highly experienced subcontractors to ensure high-quality and efficient project completion. The owner's role does not involve any physical labor, maintaining a lean structure while maximizing efficiencies. Additionally, the company holds access to a selective government contracting site, simplifying job acquisition and reducing competition among a limited number of qualified participants.Financial stability is a hallmark of this enterprise, with a reported revenue of $585,000 in 2023 and a projected $590,000 for 2024. The Seller Discretionary Earnings (SDE) reflects the business's financial health, standing at $166,500 for 2023 with an anticipated rise to $175,000 in 2024. For potential buyers, this represents a lucrative opportunity to enter or expand within the construction demolition market.With the current owner seeking retirement, the business presents a solid foundation for new ownership to leverage its reputation and explore further growth prospects. This transition offers an exciting venture for those ready to build upon a legacy of excellence in the Greater Cleveland area.To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
There is also $100,000 worth of equipment available for purchase That can be used for a second crew.Reason for Selling:
RetirementAdditional Details:
- The property is owned.
- 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 Ohio businesses for sale
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