Structural Concrete w/ $4M in Pipeline

Not Disclosed, AZ

Gilbert, AZ


Asking Price: Annual Revenue:
$1,300,000 $3,362,096

Services: Construction, Contractors


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RE: Structural Concrete w/ $4M in Pipeline Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $1,300,000 15% Buyer Down Payment: $195,000 15% Seller Financing: $195,000 70% Bank Loan: $910,000

Quick Facts

Asking Price: $1,300,000
Annual Revenue: $3,362,096
Net Profit: Not Disclosed
Cash Flow: $332,236
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: 2011
Employees: 26
BBN Listing #: 892434398
Broker Reference #: CON062

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Business Overview:

4 years of annual growth as structural site concrete with $251k in assets! With $5MM currently in the pipeline, this business also had over $3MM in sales for 2018 and $332,236 in cash flow. With over 30 years of experience in the commercial concrete industry, they provide 90% commercial services and 10% residential services. This business is always busy receiving several bids a day on top of their twenty current projects. The industry is on fire!! Their main projects include hospitals, storage facilities, gas stations, truck dealerships, truck stops, gyms and more.

All 26 Employees working for this company are highly trained and have all qualifications necessary for this type of work. On a daily basis, one of the owner’s roles is to organize new jobs, help with field organization and oversee field work, while the other owner handles office oversight, reads fine print contracts, oversees payroll and maintains a great company culture! Within the 75-mile radius this business serves, there is plenty of growth opportunities including: biding on WBE related contracts, government contracts, adding a division for excavation as well as adding more impeccable employees!

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Property Features and Assets:

Equipment: generators, cut machines, rider pans, chop saws, pressure washer, saws, rebar cutters. grinders and more! Vehicles: 4 trucks, 1 ATV, 2 skid steers A/R: $77,577 in February Pipeline: $5MM Intangible Assets: Long term relationships with contractors, website, and a knowledgeable team *amounts may vary

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.

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