Floor & Concrete Coating w/ Full Team

Not Disclosed, MO
Cass County


Asking Price: Annual Revenue:
$287,000 $992,577

Services: Construction, Contractors


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RE: Floor & Concrete Coating w/ Full Team Broker: Cortney Sells
Owner Financing is Available!
10% Buyer Down Payment: $28,700 13% Seller Financing: $35,875 78% Bank Loan: $222,425

Quick Facts

Asking Price: $287,000
Annual Revenue: $992,577
Net Profit: Not Disclosed
Cash Flow: $139,351
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2007
Employees: 5
BBN Listing #: 122634398
Broker Reference #: CON034

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Business Overview:

5 FT trained staff talented in all areas with less than a 2.1 multiple. With the average job billing at over $10,000, this concrete polishing & finishing company has accomplished huge growth over the past 3 years. Services include concrete polishing, acid staining, decorative overlays, and methyl methacrylate (MMA) of which 95-97% are for interior projects. With 5 FT laborers on staff year-round and up to 13 depending on workload, this company completes around 25 jobs per month ranging from remodels (60%) to new construction (40%). Two owners currently handle administration, sales, orders, and training – however both of their positions could easily be absorbed into one.

Based in the Kansas City Metro, 70% of jobs are completed in the local area and 30% out of town. All laborers are W2 employees and trained by the company. An office space is not necessary to operate this business, a new owner would simply need a storage space to house the equipment and supplies. The current owners have a flexible training time frame of 3-6 months, if desired, to ensure a smooth transition.

Expanding residential services would be an excellent opportunity for growth. The sellers have not fully immersed into that demographic as there is more demand than they can currently meet. A buyer could also consider offering additional services such as concrete pouring and pressure washing.

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Market Competition and Expansion:

Growth Opportunities: More residential. Concrete pouring. Pressure washing.

Reason for Selling:

Focus on side business.

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.

Documents:

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