Concrete Contractor in DC Suburbs

Not Disclosed, MD
Montgomery County

Asking Price: Annual Revenue:
$4,000,000 $13,000,000

Services: Construction, Contractors

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RE: Concrete Contractor in DC Suburbs Broker: Michael McNamara
Owner Financing is Available!

Quick Facts

Asking Price: $4,000,000
Annual Revenue: $13,000,000
Net Profit: Not Disclosed
Cash Flow: $791,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 775851174
Broker Reference #: 76551-243220

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Business Overview:

This 22 year-old concrete construction company has steadily increased sales and profits over the past few years. Maryland and DC operations in flatwork, foundations, and walls. This form and pour company company has $2M in assets such as Mack pump trucks, concrete delivery trucks, backhoes, skidsteers, and pickups.

• Asking price is $4M - owner finance with 50% down.
• 2019 Sales $14M
• Seller Discretionary Earnings $800,000
• Real estate is all owned and optional separate purchase.
• 60 Total Employees – 30 of which are outsourced labor. 2 FT service technicians.
• Owner does sales and bidding- good management in place for concrete work.
• Owner selling because he needs to raise capital for his residential home building business.

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Reason for Selling:

Seller needs money

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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