71270-Residential & Commercial Concrete Services

WA

71270-Residential & Commercial Concrete Services
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Asking Price: Get Financing: $299,000

Cash Flow: $109,000

Gross Revenue: $500,000

EBITDA: N/A

FF&E: $10,000

Inventory: $10,000

Real Estate: N/A

Established: 1976

71270-Residential & Commercial Concrete Services

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Business Description

Servicing the greater Seattle area of western Washington, this specialty trade contractor providing concrete work for residential (75%) and small to medium commercial (25%) applications. The company works closely with contractors, architects and landscapers. The Company provides custom concrete work that is both functional and esthetic, i.e., foundations, retaining walls, columns, driveways, walkways, garage floors, patios, decks, stairs, decorative and stamped colored concrete and more. They specialize in all phases and types of concrete work from excavation, setup forms, and finishing work. The company operates as a home-based business and leases a 400-square foot facility for storage. The Company has a proven track record, supported by its longstanding reputation it maintains with its customers. Revenues have been increasing, 10% over the past 5 years, due to the improving economy. Last year, the company’s total revenue was $430,865, 2017 will exceed $500,000. Newly developed website attracting new clients - Strong reputation - Quality focused operation - Long-term customers - Specialty concrete contractor license - Standard Warranties - SDE Profit Margins over 20% - Financing may be negotiable - Low overhead inventory, ordered per project.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
N/A
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Standard to extended transitioning negotiable. Staff would most likely be willing to stay on after the sale.
Reason for Selling:
Approaching retirement.
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IAG Buyer Division

Business Listed By:
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IAG

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