Business Overview
- Activity: Thriving concrete contracting business specializing in various aspects of concrete construction, finishing, restoration and repairs
- Clientele: This business caters to residential, commercial and industrial clients
Deal Highlights
- Inclusive Assets: Purchase price includes Inventory, Equipment and Vehicles valued approximately at $400,000
- Flexible Financing: Limited seller financing, up to 10% available, for qualified buyer(s)
Financial Snapshot
- Robust Revenue: Revenue for 2023 is approximately $1.1 million and as per seller is projected to reach $1.3 million next year
- Strong Earnings: Sellers Discretionary Earnings for 2023 is an impressive $319,000 approximately
Human Resources
- Skilled workforce: Currently, the business employs 4 FT nonunion workers, excluding the Owner
- Owner Roles: The owner is currently responsible for Overseeing operations, Sales and Purchasing
Competitive Strengths
- Organic Growth: Thriving on reputation, the business has flourished with minimal marketing, mainly relying on word of mouth, offering ample growth opportunities for the new owner
- No Competition: The business enjoys a unique position with very little competition in the area
Transition & Future
- Smooth Handover: Current owner is willing to stay for a reasonable period to ensure a seamless transition
- Ideal Opportunity: This presents an ideal opportunity for those seeking to purchase a successful venture, as the current owner is looking to focus on other opportunities
