Rare Seawall Construction Company - Profitable & Motivated Seller

Coldwater, MI (Branch County)

Seller Financing Available
10K Could Buy You a Business With Limited Competition & Big Profit Margins

Asking Price:$64,500

Cash Flow:$100,000

Gross Revenue:$175,000

EBITDA:N/A

FF&E:$30,000

Inventory:N/A

Established:1952

Rare Seawall Construction Company - Profitable & Motivated Seller

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Business Description

Great opportunity to purchase a very well established niche construction company based out of Branch County, Mi. The same family has been in the business for 64 years, and unfortunately has to let it go because of an unrelated severe injury. The business is largely referral based, with minimal advertising in the Shoppers Guide. All of the key staff are in place to expand this business substantially, with an owner operator this could take off. High margins and low overhead provide great cash flow. The new owner can either reinvest the money to quickly expand, or take it home for a great living. With minimal competition in the niche seawall arena, the industry is ready for the right person to come in and take over. The new owner will have the immense benefit of the existing well known name, large customer base, and skilled team. Current owner is already booking jobs into spring that will be coming with the purchase!!

Attached Documents


Detailed Information

Employees:
3 FT 4 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Purchase includes about $30,000 worth of physical assets. These include a truck, tow behind air compressor, multiple jackhammers and other misc tools. (Home Based)
Competition:
There is minimal competition since they focus on a niche area in construction. They are very well known locally since they have been in the area since 1952.
Growth & Expansion:
Huge potential for expansion into other areas of construction. They have been turning away a lot of requests for general contracting/handy man type of work because the current owner was injured and didn't have time to organize the projects. Or, the new owner could keep the existing business structure, do some marketing and expand the service area to increase business.
Financing:
10K Down
Support & Training:
Current owner is willing to negotiate training
Reason for Selling:
Major injury
Home-Based:
This business is Home-Based
Business Website:
http://goo.gl/SH0zWo

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Richard Goodman

Business Listed By:
Richard Goodman

Equation Capital Group

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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