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Concrete Finishing & Coatings with 1M in Sales

Kansas City, MO (Clay County)

Seller Financing Available
Concrete Finishing & Coatings with 1M in Sales
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Asking Price: $305,000

Cash Flow: $139,351

Gross Revenue: $992,577

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2007

Concrete Finishing & Coatings with 1M in Sales

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Business Description

5 FT trained staff talented in all areas with less than a 3 multiple. With the average job billing at over $10,000, this concrete polishing & finishing company has accomplished huge growth over the past 3 years. Services include concrete polishing, acid staining, decorative overlays, and methyl methacrylate (MMA) of which 95-97% are for interior projects. With 5 FT laborers on staff year-round and up to 13 depending on workload, this company completes around 25 jobs per month ranging from remodels (60%) to new construction (40%). Two owners currently handle administration, sales, orders, and training – however both of their positions could easily be absorbed into one.

Based in the Kansas City Metro, 70% of jobs are completed in the local area and 30% out of town. All laborers are W2 employees and trained by the company. An office space is not necessary to operate this business, a new owner would simply need a storage space to house the equipment and supplies. The current owners have a flexible training time frame of 3-6 months, if desired, to ensure a smooth transition.

Expanding residential services would be an excellent opportunity for growth. The sellers have not fully immersed into that demographic as there is more demand than they can currently meet. A buyer could also consider offering additional services such as concrete pouring and pressure washing.

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Detailed Information

Location:
Kansas City, MO
Employees:
5
Facilities:
Storage space for supplies and equipment would be needed.
Growth & Expansion:
More residential. Concrete pouring. Pressure washing.
Financing:
15% Seller Financing: $45,750
Support & Training:
3-6 months
Reason for Selling:
Partnership dividing
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Cortney Sells

Business Listed By:
Cortney Sells

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