Concrete Contractor Close to Walsh Ranch

Not Disclosed, TX

Asking Price: Annual Revenue:
$7,180,000 $12,203,539

Services: Construction, Contractors

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RE: Concrete Contractor Close to Walsh Ranch Broker: Zack Elfallah

Quick Facts

Asking Price: $7,180,000
Annual Revenue: $12,203,539
Net Profit: Not Disclosed
Cash Flow: $1,946,168
Total Debt: Not Disclosed
FF&E: $580,787
Real Estate: Not Disclosed
Year Established: 2007
Employees: 9
BBN Listing #: 35304955
Broker Reference #: 6019-15473

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Business Overview:

Large concrete contractor that primarily works with residential builders. The business was started in the mid-2000s and has grown to be one of the largest concrete companies in North Texas. 2019 has been a game-changing year, with the fat being trimmed the company is now lean and cash flowing like never before. Sales have increased, as well as margins. The owner was heavily involved in the early years, but has since put supervisors and managers in place so the business can be ran without an owner. There is currently one general manager running day-to-day operations and three supervisors over their own crews.

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Property Features and Assets:

The current facilities are not included. There is a brick and mortar location, but the owner believes the business can be operated without a physical location. Assets=$1,054,013

Market Competition and Expansion:

There are some larger competitors in the DFW area, but the region the business currently services is not nearly as competitive, there are a two smaller local competitors in the region. It is also located in an area with large developments being built daily, so there is plenty of residential and commercial work to go around. The business is center in an area that is having drastic economic growth and with the Walsh Ranch development under way they will continue to grow. From 2018 to 2019 the company has shown how it has matured over the years, and has leaned out for future growth.

Reason for Selling:

Owner wants to pursue other opportunities.

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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