Business For Sale

Specialty Concrete Polishing & Finishing

Not Disclosed, MO
Cass County


Asking Price: Annual Revenue:
$290,000 $680,892

Services: Construction, Contractors


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RE: Specialty Concrete Polishing & Finishing Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $290,000 15% Buyer Down Payment: $43,500 15% Seller Financing: $43,500 70% Bank Loan: $203,000 A 15% down payment profits $49,185 in the first year after debt payments.

Quick Facts

Asking Price: $290,000
Annual Revenue: $680,892
Net Profit: Not Disclosed
Cash Flow: $90,929
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:

Huge YOY growth and average jobs billing at $10,000+ have made this existing concrete polishing & finishing company grow by double or triple digits over the past 3 years. Located in and serving the Kansas City Metro and beyond, popular services include concrete polishing, staining, coating, decorative overlays, and methyl methacrylate (MMA). Able to complete about 6 jobs per week (95 – 97% of which are interior), the company will see between 7 -10 commercial projects in a month, with some residential jobs sprinkled in between.

During the winter months, there are 5 Full Time Laborers on staff, with the season (February/March – November) seeing as much as 13 on staff. Employees are company-trained. The sellers handle sales, scheduling, ordering, training. Both of their positions could be absorbed into one.

Growth exists in taking on more residential jobs. The sellers have moved away from that demographic as there is more demand than they can meet. A buyer could also consider concrete pouring in addition to current services, as well as pressure washing.

Location and Service Area: Kansas City Metro
Services: Concrete polishing, acid staining, coating, decorative overlays, methyl methacrylate (MMA)
• 60% remodel / 40% new
• 95 – 97% interior / 3 – 5% exterior
• Average job bills at $10,000
• 70% in town / 30% out of town
Building: Storage space for supplies and equipment would be needed.
Employees: 5 Full Time Laborers during the winter; up to 13 from February/March – November. Laborers are W2 employees and trained by the company.

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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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