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Quick Facts
Asking Price: | $350,000 | |
Annual Revenue: | $247,444 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $71,461 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2005 | |
Employees: | 10 | |
BBN Listing #: | 10527574 | |
Broker Reference #: | 1092 CONCRETE |
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Business Overview:
Our client resurfaces unsightly and ordinary concrete with a beautiful half-inch layer of natural river rock and epoxy. With sales of a quarter million dollars in 2021, and a healthy net profit, our client has a proven 17-year track record. An ever-increasing number of satisfied customers often refer our client to friends, neighbors and family. At least 80% of new business comes from such referrals. Our client also has substantial repeat customer business as most customers have our client recoat surfaces, which is recommended every two years or so. The business is operated by the owner and one crew of seasonal workers.
The Business’ success is shown by the fact that at least 80% of new business comes from referrals from satisfied customers. For the past three years our client has cut back on advertising since they have had all the jobs they can keep up on. In the last several years our client, in addition to projects for individual homeowners, has done a number of major commercial projects. These have included huge jobs for the University of Wyoming and installations at large facilities in such prestigious locations as Aspen and Telluride.
NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
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Reason for Selling:
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