Concrete Pumping & Truck Rentals

Not Disclosed, IL

Asking Price: Annual Revenue:
$4,310,000 $3,301,210

Services: Construction, Contractors

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RE: Concrete Pumping & Truck Rentals Broker: Seller of Business
Owner Financing is Available!
Purchase Price: $4,310,000 12.5% Buyer Down Payment: $538,750 12.5% Seller Financing: $538,750 75% Bank Loan: $3,232,500

Quick Facts

Asking Price: $4,310,000
Annual Revenue: $3,301,210
Net Profit: Not Disclosed
Cash Flow: $1,078,095
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 590934398
Broker Reference #: Not Disclosed

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Business Overview:

Commercial and infrastructure client base with consistent sales! This Northern Indiana concrete pumping and truck rental business has over 3.1MM in assets with an ongoing cashflow of more than 1 MM. Established for 15 years, this company is operating at the top of their field. Equipment includes seven pumps, a placing boom, a Line Dragon as well as a shop full of any necessary equipment, inventory, and tools required to complete the job. There is also an additional $20,000 in vehicles including trucks, trailers, and a forklift. Work is completed within 100 miles of the headquarters and encompasses Northern Indiana, Southern Michigan, Northern Illinois, and the Chicago Metropolitan area.

The owner works part-time and currently oversees financials, legal, and insurance matters. By design, this business can operate on a day-to-day basis with little input from the proprietor. With processes and procedures in place, the business can operate seamlessly with minimal owner oversight. The team of seven operators, one bookkeeper, and a shop assistant are overseen by the Operations Manager.

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Property Features and Assets:

Equipment: $3,140,000: Pumps, placing boom, Line Dragon, parts, lubricants, tools, shop equipment, Hotsy, pipe, clamps, etc., vehicles, forklift, trailers A/R: $350,000 *amounts may vary Intangible Assets: Smooth processes and organization within the business, reputation for reliability, well-trained and tenured staff, committed customer base.

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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