Business For Sale

Concrete Company Nets $114K

Not Disclosed, NJ
Camden County


Asking Price: Annual Revenue:
$195,000 $467,787

Services: Construction, Contractors


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RE: Concrete Company Nets $114K Broker: Ron Cervelli
Owner Financing is Available!
Seller financing is available to a qualified buyer.

Quick Facts

Asking Price: $195,000
Annual Revenue: $467,787
Net Profit: Not Disclosed
Cash Flow: $114,742
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 2004
Employees: 7
BBN Listing #: 51483909
Broker Reference #: SVS384

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Business Overview:

Owner retiring from this highly successful Concrete Mason Company located in Central New Jersey and in Camden County. This wonderful fourteen-year-old business opportunity has a yearly gross income of $467,787 and a net yearly income of $114,742 with owner financing. As a home-based company this business can be relocated anywhere the new operator prefers. This well-known Concrete Company is among the premier concrete construction companies in Central New Jersey. Backed by skilled workers and an unparalleled dedication to quality and longevity the company is known as the number-one choice for quality concrete and masonry. Their commitment to customer service and client satisfaction is equal to their determination that every project be completed to perfection. They offer various services, such as decorative stamped concrete, concrete driveways, concrete sealing, drain tile, bricklaying and more. Regarding employees and payroll, this construction company consist of seven full / part time employees who are unaware of the pending sale. The payroll is primarily based on an hourly basis, the staff is fully expected to remain post-closing, and the monthly payroll expense is approximately $9,700. This business opportunity is presently in the home office of a private residence and must be relocated at time of closing. The business fixed assets has an estimated value of approximately $75,000 which is based on the cost of the original equipment, licensing, buildout replacement cost, tangible & nontangible, in addition to the multiple of the existing net yearly income. This successful concrete construction company operation is active five days per week, with hours from 8:00 am to 5:00 pm, however based on the particular job description, work hours are often adjusted. This is a dependable safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator. Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and the photo does Not represent this particular business opportunity.

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Property Features and Assets:

The company is located in Camden county as a home-based business and must be relocated to any new facility. This opportunity is in Central New Jersey, which consists of various highly populated communities with continued demand for this service. (Home Based)

Market Competition and Expansion:

Regarding competition, to the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser. The business opportunity can be further expanded by the new operator by improving the existing marketing plan and the required local advertising. Additionally, the company has a limited poor non-optimized web site and if adjusted can further develop the business yearly gross sales.

Reason for Selling:

Owner is retiring.

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.

Documents:

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