Concrete Pumping & Foundation Business For Sale!

DC

Pumping Concrete & Foundation

Asking Price:$8,800,000

Cash Flow:$2,200,000

Gross Revenue:$22,000,000

EBITDA:N/A

FF&E:$250,000

Inventory:$4,000,000

Lease Rate/Sq. Ft.:N/A

Established:2001

Concrete Pumping & Foundation Business For Sale!

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Business Description

Very Lucrative Business Serving A High-Growth Region!

Very profitable 15 year old concrete business has been growing rapidly. Current annual gross sales are approximately $18M with a solid 10% net or better. With the addition of many new residential builders and a new commercial division, sales for the next 12 months are expected to reach well over $22M with a net of $2.2M or more. This business comes fully equipped with over $4M in capital equipment to include 4 concrete pumping trucks, 13 sets of foundation forms, Bob Cats, front end loaders and a fleet of vehicles.

The asking price is firm and the buyer must must have a solid $3M in cash(liquid) to receive the confidential information and to get this transaction completed. The seller is highly sensitive to Confidentiality. Qualified buyers, please request our Executive Summary today. This business is located in a prime location within the Mid-Atlantic Region.

Must Show Proof of Funds - PRINCIPALS ONLY!

This Business Can Be U.S. Visa Qualified!

Ask About Our Asphalt Plant, Salvage Yards and Other Businesses For Sale!

Brokers Needed Nationwide - Bilingual(+) - Will Train - FT/PT!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
15
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
The building and concrete market in the Baltimore/Washington, DC metro area is booming. The new buyer needs to implement an aggressive marketing and contract acquisition campaign to take advantage of the numerous market expansion opportunities.
Growth & Expansion:
The new owner can very quickly increase profits and expand it's customer base through acquiring government contracts. Currently all profits are made via residential and commercial business only. Because this business is located within the Baltimore/Washington, DC metro areas, federal, state and local contracts are applicable.
Support & Training:
Seller will stay on as an adviser for an agreed period of time to ensure a seamless transition.
Reason for Selling:
Owner is retiring

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Winston Thomas, CEO

Business Listed By:
Winston Thomas, CEO

T-GLOBAL GrOUP/Beltway Business Brokerage

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