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- RE: Concrete Company WIth Fantastic Reputation
- Contact: Tre Scott
Quick Facts
Asking Price: | $800,000 | |
Annual Revenue: | $2,300,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $426,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1985 | |
Employees: | 11 | |
BBN Listing #: | 706110489 | |
Broker Reference #: | 2803 |
Business Overview:
Highly reputable concrete company based in a destination mountain community with quick access to the Front Range. This company performs everything concrete related from foundations to custom flatwork. $2-3M in pipeline has been secured via “handshake deals” in one subdivision alone which will continue for 2-3 years. Repeat clients include residential and commercial GC’s as well as a large federal agency which provides continuous opportunities for work. Work is already performed in nearby Front Range towns so expansion into these markets is not unreasonable.
The company employs 10 concrete laborers and one full-time office administrator. The owner works full-time in the business directing work on-site and would need to be replaced with a skilled concrete foreman. The owner is willing to stay engaged in training of the buyer and/or new foreman for up to one year if necessary.
Included in the sale is heavy equipment, vehicles, miscellaneous tools, formwork and supplies utilized in operations of the business as well as office equipment.
This company offers the opportunity to carry forth an outstanding reputation entrenched in a local mountain town community, with the flexibility to grow in higher volume markets only a short distance away. As a strategic acquisition this business would provide a solid foothold in the local market which is difficult to break into.
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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 not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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