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Iowa Business For Sale |
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| CONSTRUCTION-CONCRETE SUBCONTRACTORS |
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| Attn: Bill Busche |
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| Not Disclosed, IA, USA |
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| Asking Price: |
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$2,751,623 USD USA Dollars |
| Business for Sale Industry: |
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Services: Construction, Contractors |
| Reason for Selling: |
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Other business interests |
| Year Established: |
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1983 |
| # of Employees: |
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16 |
| Yearly Revenues: |
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$2,048,252 |
| Yearly EBITDA: |
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$581,807 |
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Business for Sale Overview:
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This concrete foundation business, with its protective coating
subsidiary business, is extremely profitable and growing. It provides load bearing footings and foundation walls for residential basements and commercial construction. The company introduced poured concrete walls 23 years ago in its area after the owner recognized a need to replace the substandard foundations other companies offered. It has the right combination of equipment and experienced people to
get the job done on time and on budget. The staff works hard to provide the best customer service and quality products, which has given the company a strong reputation. Nearly all the business’ new work comes from customer referrals, and it also has a large percentage of repeat business. With 23 years in the area, it has deep ties to the community and enjoys unprecedented customer loyalty. In 2004, the owners started a subsidiary business to do high-quality protective coating for concrete and masonry surfaces. This business has excellent profitability and hasn’t yet been developed to its full potential. The company hasn’t aggressively marketed the coating products and only sells about 25 percent of the available product line.
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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