Construction - Building | Construction - Special Trades

Asking Price	$1,075,000	Inventory
Gross Income	$1,748,156	Real Estate
Cash Flow	$312,903	Year Established	1989
FF&E	$180,769*	Employees	18

* included in the asking price

** not included in the asking price

This waterproofing contractor serves commercial and government clients only. Their projects include large department stores and hardware chains, parking decks, warehouses and office buildings as well as federal, state, and local government buildings such as schools, courthouses, prisons and museums. Having a well trained team of employees including many who have been with the company for several years including a foreman, the company is capable of working multiple jobs at the same time. Having been established since 1989, the company has established a solid reputation with the large leading contractors within NC and surrounding areas for quality work done on time, and they have no trouble keeping a healthy backlog of work. The current backlog for the business is approx. 12mths.

Facilities: Office is approx. 2000 sq ft and rents for $1,840 per mth.

Competition: This company has a long established reputation working with and along side some of the area's leading contractors. There are only a few other companies within NC who are positioned to compete with the company. The owner uses a well organized method for identifying and bidding on key projects in order to maximize profit while minimizing company risk associated with bonds.

Growth/Expansion: The triangle market is BOOMING! Anyone can read the Raleigh News and Observer and realize that both private and government construction is at an all time high. The great thing is that it is only expected to continue. The business could grow tremendously just by increasing crews and service capacity to service the area's growing demands.

Support/Training: Seller is willing to train new buyer for an initial period of 6-8 weeks and will be available by phone after the initial period for any questions as they occur.

Reason Selling: Seller is relocating