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  • RE:  Structural Concrete Company In Manatee County
  • Contact:  Warren Merrill

Quick Facts

Asking Price: $424,000
Annual Revenue: $508,859
Net Profit: Not Disclosed
Cash Flow: $196,003
Total Debt: Not Disclosed
FF&E: $90,152
Real Estate: Not Disclosed
Year Established: 2008
Employees: 5
BBN Listing #: 547432837
Broker Reference #: 95108311

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Business Overview:

This southwest Florida Construction company has been a structural concrete subcontracting firm focused on foundations and slab-on-grade projects, as well as specialized structural jobs for over 15 years. The company has all the necessary subcontractors, material suppliers, and vendors needed, with the capacity to service any size job.

The company is versatile and has performed jobs with contracts ranging from a few thousand dollars to over a half million dollars. They have a total of 3 company work trucks, a 10,000# trac hoe, a 10,000# skid steer, an equipment hauling trailer, a large capacity dump trailer, a box trailer, and a good inventory of small equipment and tools. All equipment is in great working condition.

Currently there are 3 full-time employees. Additional labor is added as needed depending on the size of the jobs and their scope. The company remains profitable regardless of crew size. With the ability to add subcontractors and additional labor, the company performs in an organized and cost-management manner, able to perform larger jobs without increasing overall overhead.

The standard hours of operation are 7:00 am to 3:30 pm, Monday through Friday, but, as with any commercial concrete subcontracting company, the hours of operation fluctuate on an as-needed basis, depending on contract size and scheduling requirements.
Occasionally, larger, early morning concrete pours are necessary.
There is essentially no marketing or advertising budget since the company has been built on word-of-mouth and has sustained itself over the years based on reputation and quality of work.
The customer base would include mostly local general contractors in the Sarasota/Bradenton area, as well as a small base of residential customers. The customer base has been culled over the years to include only the most reputable, honest, and financially sounds contractors in the area. From the subcontractors and suppliers who help facilitate the work all the way up to the general contractors that provide the work, the contacts in-place for this company are of exceptional reputations.

The company is owned and operated by the sole owner. He is a licensed general contractor working specifically as a concrete subcontractor. He has owned and operated the company personally, managing the bidding, billing, and project management since the company’s inception.

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Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity

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