Business Overview:
This waterproofing contractor serves commercial and government clients only. Their projects include large department stores and hardware chains, parking decks, warehouses and office buildings as well as federal, state, and local government buildings such as schools, courthouses, prisons and museums. Having a well trained team of employees including many who have been with the company for several years including a foreman, the company is capable of working multiple jobs at the same time. Having been established since 1989, the company has established a solid reputation with the large leading contractors within NC and surrounding areas for quality work done on time, and they have no trouble keeping a healthy backlog of work. The current backlog for the business is approx. 12 months.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Office is approx. 2,000 sq. ft. and rents for $1,840 per month.
Support/Training: Seller is willing to train new buyer for an initial period of 6-8 weeks and will be available by phone after the initial period for any questions as they occur.
Market Competition and Expansion:
Competition: This company has a long established reputation working with and along side some of the area's leading contractors. There are only a few other companies within NC who are positioned to compete with the company. The owner uses a well organized method for identifying and bidding on key projects in order to maximize profit while minimizing company risk associated with bonds.
Growth/Expansion: The triangle market is BOOMING! Anyone can read the Raleigh News and Observer and realize that both private and government construction is at an all time high. The great thing is that it is only expected to continue. The business could grow tremendously just by increasing crews and service capacity to service the area's growing demands.
Reason for Selling:
Seller is relocating.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.