Business Overview:
Special, rare opportunity to acquire a highly reputable and profitable "Demolition and Salvage" business in Miami, available now for the right person after a successful 27 years in operation. The business provides Demolition services to both high level commercial and residential clients throughout South Florida.
The operation also handles the scrap metal and resells it as salvage to several vendors. Seller has enjoyed consistent regular volume and has been satisfied. Many opportunities exist to grow this volume to even a statewide structure by aggressive bidding, further marketing efforts and expansion throughout Florida. Seven key employees stay on board, three field estimators/supervisors handle and manage 35 field workers. Seller handles the General Manager role and oversees estimating and operations. Right hand man, trained from the ground up, several years experience stays on board. Early retirement and interest in Property Management motivates sale. Seller owns property/yard for equipment and office structure, will negotiate lease for new owner if they wish to keep business at the current location. Seller financing available. Accounts Receivables in the $250,000 - $300,000 range stay with the business, transfer to new owner. New owner assumes $10,500 month capex on recently acquired equipment. Exciting and profitable! High demand for this service in growing Florida market.
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Property Features and Assets:
Commercial land with office owned by seller- approximately 1,700 square feet office under air plus storage of another 1,000 square feet of land where equipment is when not at job site - approximately .33 of acre. Real Estate not for sale. Lease terms and conditions to be negotiated.
Assets= $510,000
Market Competition and Expansion:
There is competition, however, this establishment is ranked high in the 'Blue Book' of Construction. Very good reputation 27 years.
Increased marketing and social media could increase volume for a new owner along with a special 'bid coordinator" focused on bids and other government work would help as well.
Reason for Selling:
Seller looking at early retirement.
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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