Specialty Concrete Chipping
Not Disclosed, UT Salt Lake County
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- RE: Specialty Concrete Chipping
- Contact: Art Warsoff
Quick Facts
| Asking Price: | $1,100,000 | |
| Annual Revenue: | $1,124,122 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $545,547 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $475,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1998 | |
| Employees: | 6 | |
| BBN Listing #: | 1009870 | |
| Broker Reference #: | 15541-992479 |
Business Overview:
This profitable specialty concrete chipping business provides a critical service for the construction industry. All clients are recurring commercial accounts with multi-year tenure. Included in the sale are two work trucks, two custom-designed trailers, three air compressors, and all other equipment needed to operate the business. This business does not require an office, just space to park the vehicles when not in use, as all work is done on customer’s premises.
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Property Features and Assets:
This business was established in 1998. This specific type of concrete chipping requires special procedures and is in high demand from both a safety and operational efficiency basis. The concrete business operates in Utah and the surrounding states.
Market Competition and Expansion:
There are additional potential clients which could be approached in the current market. The addition of the second trailer and running two crews since 2022 has increased the ability to handle more work. Growth has been intentionally slow to ensure that service quality and response time for emergencies are not impacted. In addition, asphalt removal services could leverage the current business through expansion, as it requires similar expertise, and multiple clients have requested that service. Other growth opportunities include engaging customers who have smaller fleet sizes.
This business sets itself apart from the competition due to 100% repeat business, a relentless obsession with employee safety, equipment maintenance, and rapid response to client emergencies. This specialized service is only provided currently by a handful of companies in the country.
Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Utah businesses for sale
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