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RE:  4-Decade Old Concrete And Masonry Contractor Contact:  Mark Shobe
Owner Financing is Available!
Owner Financing Terms:$1,599,999.20

Quick Facts

Asking Price: $1,999,999
Annual Revenue: $1,649,497
Net Profit: Not Disclosed
Cash Flow: $253,946
Total Debt: Not Disclosed
FF&E: $300,000
Real Estate: Not Disclosed
Year Established: 1969
Employees: 8
BBN Listing #: 836050297
Broker Reference #: 17441-556932

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Business Overview:

Started in 1969
Concreate and Masonry Contractor
$300,000 in equipment included the sale
Will need to be relocated

Deal Outline

The owner is willing to accept a 20% down payment and will finance the balance amortized over 10 years with a balloon in three. This will give the new owners the opportunity to build up substantial equity and avoid the cost of SBA financing.

Business Background

The company does vary little marketing and has no salespeople on staff. All business leads comes from past clients, word of mouth or internet searches. There product mix is 10% masonry and 90% concreate. There customer base is split 60% residential and 40% commercial with on simple customer making up over 5% of the business.

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Reason for Selling:

Retirement

Additional Details:

  • The property is Leased.
  • 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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