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- RE: Demolition, Salvage And Landfill Services With Real Estate Included
- Contact: Bill Law
Quick Facts
Asking Price: | $15,000,000 | |
Annual Revenue: | $3,520,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $1,727,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | $10,000,000 | |
Year Established: | 1936 | |
Employees: | 8 | |
BBN Listing #: | SB-47669 | |
Broker Reference #: | CHARLNC001-47669 |
Business Overview:
This profitable company has operated as a family business for over 85 years. They are primarily engaged in the demolition and salvage of structures industrial and commercial as well as selling items salvaged from demolition activities. The majority of their business is in the Southeastern Tennessee area, but they do occasionally do business in other states. They are licensed in asbestos removal in 3 states, but seldom do asbestos work. They have a A+ safety record. The owner has been cherry picking the jobs he goes after now. Often times he uses a sub-contractor some of the demolition work. This has proved to be very efficient and profitable. Prior to Covid in 2019, the demolition business had a good year as they took down 3 schools, 2 shopping center, church building, etc. The seller owns both businesses and the real estate, the owner prefers to sell them together but may consider selling them separately.
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Reason for Selling:
Health Concerns
Additional 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 Tennessee businesses for sale
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