NOT DISCLOSED, Maryland
| Asking Price |
$2,175,000 |
Year Established |
1990 |
|
| Annual Revenue |
$2,625,996 |
Reason for Selling |
Owner retirement. |
|
| Annual P/L |
$0 |
Attention |
Michael Stamper |
|
| Annual Cash Flow |
$732,627 |
Listing Number |
1018797 |
|
| # of Employees |
7 |
Business Category |
Services: Construction, Contractors |
|
Business Overview:
A long-established specialty contractor provides concrete foundation work primarily for residential homebuilders, including custom-home projects. The business has developed repeat customer relationships through quality workmanship, dependable completion, and experienced field supervision.
Property Features and Assets:
<p>Administrative and scheduling functions operate from an office in the business’s service area, while crews perform construction at customer job sites. The facility is owned by the seller; occupancy and any real estate arrangements can be addressed during due diligence.<br></p><p>Assets = $375,000</p>
Market Competition and Expansion:
<p>Residential foundation contracting is a fragmented, locally competitive industry. Builders weigh price, crew availability, scheduling, and execution when selecting contractors. Housing activity and skilled labor availability are important drivers of demand and operating capacity.<br></p><p>Management believes the business has unused operating capacity. Existing forming equipment could support additional crews, creating an opportunity to pursue more work from current and new builder relationships. Expansion depends on recruiting qualified labor and securing profitable projects.<br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity