Business For Sale

Full Service Commercial Concrete Contracting

Not Disclosed, IN


Asking Price: Annual Revenue:
$5,400,000 $7,419,751

Services: Construction, Contractors


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RE: Full Service Commercial Concrete Contracting Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $5,400,000 12.5% Buyer Down Payment: $675,000 12.5% Seller Financing: $675,000 75% Bank Loan: $4,050,000

Quick Facts

Asking Price: $5,400,000
Annual Revenue: $7,419,751
Net Profit: Not Disclosed
Cash Flow: $1,090,165
Total Debt: Not Disclosed
FF&E: $2,000,000
Real Estate: Not Disclosed
Year Established: 1995
Employees: 62
BBN Listing #: 10134398
Broker Reference #: CON058

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Business Overview:

Earning over $7MM in 2017 and over $2MM in secured work, this full-service commercial concrete contractor is looking for a strategic partner to embolden growth. Able to capitalize on the team’s expertise in the full spectrum of concrete services, projects include flat slabs, tilt walls, structural walls and slabs, foundations, curbs, walkways, driveways, walls, and basements. Specialized services include laser screeding, stamping, staining, added texture, and concrete pumping. With over $2MM in assets, this company owns the equipment and pumps necessary to complete high-quality projects without the additional overhead of renting.

Working within an 80-mile radius of their headquarters, no overnight travel is required. Capitalizing on the growing amount of work in Central Indiana, the 62-member team tackles projects for schools, multi-family housing contractors, hotels, medical facilities, and storage facilities, to name a few. Working on public and private contracts, this company has a very diversified customer base and works consistently throughout the year. About 70% of concrete pumping income comes from outside customers.

Potential growth could be found in increasing school and industrial projects as there are several located near this business. Additional pumps could be acquired to increase capacity, if desired. There is also a lot of room to grow the pumping business to outside customers with additional equipment acquisitions. Currently managed by an owner/operator, this seller has general oversight of daily operations, bids, and will assist in project management when assistance is needed. This owner does not do any field work other than occasional site visits.

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Property Features and Assets:

4,500 square feet: Office and shop; 2,500 Shop; large yard with covered storage.

Market Competition and Expansion:

Growth Opportunities: Increase school contracts, invest in additional pumps, expand industrial projects.

Reason for Selling:

Seeking a strategic partner.

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.

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