Recommended Concrete Contractor with 47 Years in Business

Prague, OK (Lincoln County)

Recommended Concrete Contractor with 47 Years in Business

Asking Price:$499,000

Cash Flow:$118,667

Gross Revenue:$642,789

EBITDA:N/A

FF&E:$365,000

Inventory:$285,000

Established:1969

Recommended Concrete Contractor with 47 Years in Business

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Business Description

Since 1969, this concrete contractor has provided superior construction services across the state of Oklahoma, Texas, and Kansas. The business provides concrete for a range of residential and commercial projects including grade beams, floor slabs, sidewalks, driveways, paving, parking lots, streets, safe rooms, and even swimming pools. With 50 years of experience, the business has earned a name that is well-known and respected in both the market area and business arena, which sets it apart from its competition.

Excellent Branding, Dependable Services, and 50 Years of Experience make this business a fantastic opportunity for any interested acquirer!

Attached Documents


Detailed Information

Inventory:
Included in asking price
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The modern equipment included in this business acquisition includes, but is not limited to: 1991 Ford dump truck, 2015 John Deere 3500 mini excavator, 2012 New Holland 223 skid steer, two Whiteman HHN side-bladed trowel machines, one Allen 8ft riding trowel machine, two 36" walk-behind trowel machines, two 46" walk-behind trowel machines, four lasers, three soft-cut concrete saws, 200 running feet of Advanced stemwall forms, and 140 running feet of metal curve gutter forms.
Competition:
With 50 years of experience, and a name that is well-known and respected in both the market area and business arena, this business is set apart from its small local competitors. The business has a large roster of longstanding and loyal clientele, and sees clients all across the state of Oklahoma, Texas, and a few clients in Kansas.
Growth & Expansion:
The assets of this business far exceed its liabilities, and the production and service delivery process is one that a new owner can easily adopt and carry on. The business owner feels that the company could benefit from increased investment and energy from a new owner. The profit margin could easily be doubled by hiring a larger team of workers to take on more projects, and a website could be established to expand the online presence of the business to generate more revenue.
Support & Training:
Currently, the business has 6 active full-time and 2 active part-time employees. The business has staff and management in place to help a new owner successfully manage the transition, and can provide continuity after the owners departure that clients know and trust. The business owner is willing to remain involved during a 3-12 month post-sale transition period.
Reason for Selling:
Retirement

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GreenTree Acquisitions Inc.

Business Listed By:
GreenTree Acquisitions Inc.

GreenTree Acquisitions Inc.

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