Business For Sale

Absentee Owned Mudjacking Services

Omaha, NE
Douglas County

Asking Price: Annual Revenue:
$115,000 $404,127

Services: Construction, Contractors

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RE: Absentee Owned Mudjacking Services Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $115,000 10% Buyer Down Payment: $11,500 10% Seller Financing: $11,500 80% Bank Loan: $92,000 Bank loan is 90% collateralized by assets. A 10% down payment would provide a 330% return on investment in the first year.

Quick Facts

Asking Price: $115,000
Annual Revenue: $404,127
Net Profit: Not Disclosed
Cash Flow: $55,052
Total Debt: Not Disclosed
FF&E: $48,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 4
BBN Listing #: 410134398
Broker Reference #: CON029

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Business Overview:

If you’re looking to expand your construction & remodeling services, or would like an absentee investment, this foam jacking and concrete lifting business is a nice addition for your company or portfolio. Started in May 2013, this business has continued to steadily grow, and offers all your concrete lifting needs, including caulking and sealing.

With a labor staff of 2 working 5 days per week, roughly 5 to 6 jobs are completed each day, with the average ticket running from $400 to $500. An office manager and a salesman schedule clients and take bids. While the business is seasonal, work can be completed in winter, weather permitting. The labor staff handles shop maintenance when outside work cannot be done during the off season.

The seller currently uses a 180-square feet office that he is willing to lease during a transition period for $1,400/month triple net. An owner/operator does not need to utilize an office, especially if he/she decides to handle contracts and sales. Clients rarely stop by the current office, so even an absentee owner could have the salesman and office manager work from home.

With a proposed purchase price set at $120,000, a 10% down payment of $12,000 would provide a 300% return on investment in the first year. This could easily increase if a buyer chooses to handle sales and contracts also.

Equipment: Construction equipment worth $45,700
Furniture & Fixtures: $2,400 (computer, scanner, printer, iPad)
Vehicles: Available for separate purchase if desired by buyer – 2017 Ford Transit Van, 2015 Ford Focus
Intangible Assets: excellent reputation and website
A/R: $28,000 in signed contracts.

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Market Competition and Expansion:

• Add work with foundations, concrete replacement, staining and coating • Commercial work for general contractors • Working with cities and counties on roads and municipality jobs • Market to the realtor and home inspection markets o All homes sold have to meet codes with concrete, and realtor and inspection companies are the first eyes and ears for the sellers and buyers • Increase marketing and crew size to complete more jobs and gain a larger stake in the market o Reach out to past clients to push for repeat business – the owner has not done this as the current crew size would not be able to handle all jobs.

Reason for Selling:

Owner’s main business needs sole focus.

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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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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