Concrete Contractor

Confidential, OH
Franklin County

Asking Price: Annual Revenue:
$530,000 Not Disclosed

Services: Construction, Contractors

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RE: Concrete Contractor Broker: Emmet Apolinario

Quick Facts

Asking Price: $530,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $257,000
Real Estate: Not Disclosed
Year Established: 2014
Employees: 9
BBN Listing #: 851638790
Broker Reference #: COLUMOH002-N216

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Business Overview:

****We are pleased to announce that this business has been SOLD***Columbus is projected to be on the current build pace for the next 6-8 years and is habitually listed in the country’s top 10 for construction.While specializing and reproducing long term contracts with Ohio’s top track home production builders, this concrete contracting company offers residential concrete flatwork pouring and finishing. Using new technology and equipment (all trucks, tools, materials and equipment are less than two years old) has allowed the business to increase production while lowering labor costs and job time. Many concrete companies face seasonality issues and halt activity in the winter months, but the owners have techniques and contracts in place which guarantees continuous work year round. Having constant work ensures key employees remain with the company. Less turn around for essential personnel results in lower labor costs and more consistent project quality.The majority of work currently is with new home building with a smaller percentage focused on custom homes and remodeling, which are great fill-in work and generates extra cash flow. In place are several long term contracts, lasting between 3-4 years in many subdivisions. Marketing is unnecessary to continue current revenue/production. However, a new owner could easily expand the business with marketing campaigns. There is a direct marketing plan in place which could generate roughly $150k — $300k extra in the remodel arena.Current owner’s work week averages about 20 hours per week., nevertheless, the new owner will want to spend more time in the business initially to appreciate and understand the business fully.This is a “move-in” ready business with multi-year contracts, new equipment, and experience employees already in place.

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Reason for Selling:

Other business interests.

Additional Details:

  • The property is owned.
  • 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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