Turn-Key Flatwork Concrete Specialists, serving...

North Carolina, NC


Asking Price: Annual Revenue:
$1,200,000 $1,500,000

Services: Construction, Contractors


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RE: Turn-Key Flatwork Concrete Specialists, serving... Broker: Ed Schutzman
Owner Financing is Available!

Quick Facts

Asking Price: $1,200,000
Annual Revenue: $1,500,000
Net Profit: Not Disclosed
Cash Flow: $400,000
Total Debt: Not Disclosed
FF&E: ON REQUEST
Real Estate: Not Disclosed
Year Established: 2001
Employees: 11
BBN Listing #: 723138773
Broker Reference #: CHARLNC001-N691

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Business Overview:

Seller is an accomplished Field Supervisor professional – and he will stay on for a 1 to 2-year transition period. Buyers with a Construction background are preferred but strong Business Management expertise is essential. This Contractor has sales of about $1.5m per year and a Seller’s Discretionary Earnings of $400,000. Over the past 16 years this business has developed a solid commercial customer base with large General Contractors, Building Management companies as well as Real Estate Developers. This core customer group represents a high percentage of the sales: generally on projects of 2-3 months. This business has no debt, A+ collections, good margins and generated a sales increase through every year of the recession. With a solid base this is a recession-proof offering with a vast upside by concentrating on their cast-in-place niche: sidewalk, floor, parking lot and foundation contract work.

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Reason for Selling:

Pursue Other Interests

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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