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Ohio Business For Sale

 

FULL SERVICE CONCRETE CONTRACTOR


Attn: Mickie Bernard
Not Disclosed, OH, USA
Listing Number: "1941"
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Asking Price: Not Available
Business for Sale Industry: Services: Construction, Contractors
Reason for Selling: Investment opportunity only.
Year Established: 1984
# of Employees: 85
Yearly Revenues: $11,500,000
Yearly EBITDA: $410,000



Business for Sale Overview:
A well-established, growth-oriented company with a complete line of commercial and industrial concrete construction services including estimating, project management, scheduling and safety service. The owner of the Company is seeking an investor to assist its expansion into the pre-cast concrete market. Sales increased dramatically over the past three years – from just under $4.6 million in 2004 to over $11.5 million in 2006. Product lines range from detailed decorative work to custom specialty items and large-scale industrial slabs on grade. Typical projects include big-box warehouse and retail locations ranging in size from 500,000 to one million square feet. The Company utilizes a bid process with 20-25% gross margin target. The current project backlog of $5.5 million is scheduled for completion within the current fiscal year. A comprehensive network of industry professionals and repeat customers has lead to a very secure standing in the marketplace. This is the only concrete construction company currently in the area that has received three craftsmanship awards. Located in one of the top growing counties in the US with great potential to add compatible products into their offerings. The industry trend is moving toward pre-cast and pervious concrete; with more and more customers requesting these options, the growth opportunity is substantial. Other areas for development include geographic expansion and increased marketing efforts.

Property Features and Assets:
8,500 square foot facility for lease or sale.

Market Competition and Expansion:
Projected for growth within the current industry as well as significant future opportunities within the pre-cast market.


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 opportunity.
  • This is not a distressed business or bankruptcy situation.

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