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Commercial Concrete Solutions Contractor (17849)
Situated in the greater Houston area of Texas, this specialized contractor provides 100% commercial solutions, from demolitions, core drilling and asphalt paving, to concrete repairs such as sawing, scanning, and pour backs. Benefiting from long-term relationships with suppliers and well-establishment in the industry, additional quality services include plumbing trench construction, removals and striping for parking lot projects and more. With February and spring projects ranging from $10K - $30K already on the books, Gross Sales Projections are around $900K. Revenues for 2022 reached $816,000 alongside Discretionary Earnings of $106,686. This sale includes over $300K in equipment such as new skid-steer & dump trailer, vehicles and cash, plus over $75,000 of accounts receivable with the assumption of cap-ex! Workplace is a shop facility measuring nearly 3,000 square feet that features 750-sq.ft. of office space and is found in excellent condition; property holds a yearly renewed lease and currently operates at a full capacity. Experienced personnel of five nonunion employees are most likely to remain post-purchase and continue streamlined operations with a manager in training and a smooth transition period to acclimate the new owner. As big potentials exist in the engagement of social media sites, promotive efforts include a maintained website, outdoor advertisements, and a backed support from the verbal referrals of a large and repeating client base. The company’s excellent online reviews, local reputation, and ongoing command over their niche market offers fast growth opportunities through strategic expansions as the majority of geographic work is completed in-house.
Listed By: Dean Blythe
Background information
Seller Number:
17849
Year established:
2012
Reason selling:
Approaching retirement and/or pursuing other interests.
Finance
Sales:
$816,000
Profits:
$106,686
Profit type:
Discretionary Earnings
Operations
Employees:
5 nonunion.
Equipment:
$286,000
Inventory:
Included. No overhead.
Premises
Facility:
Also includes Cash of $59,054 subject to change, current Receivables valued at $76,619, and dated Cap-Ex up to $204,000.
Square footage:
3,000+/-
Location:
Leased.
Opportunities
Market:
Website, Outdoor Adverts, Referral Sources.
Price and terms
Price:
$500,000
Financing:
Negotiable up to 20% for the right buyer.
Owner Transition:
Streamlined operations with a M.I.T. for smooth acclimation period.