Demolition and Salvage

Miami-Dade County, FL (Relocatable)

Demolition and Salvage
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Asking Price: $2,199,000

Cash Flow: $414,216

Gross Revenue: $3,452,752

EBITDA: N/A

FF&E: $400,000

Inventory: N/A

Established: 1994

Demolition and Salvage

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Business Description

Highly reputable and profitable "Demolition and Salvage" business in Miami available for the acquisition for first time after a successful 23 years in operation. The business provides Demolition services to both high level residential and commercial clients throughout South Florida. The operation also handles the scrap metal and resells as salvage to several vendors. Seller has enjoyed consistent regular volume and has been satisfied. Many opportunities exist to grow this volume by aggressive bidding, further marketing efforts and expansion to SW Florida. Seven key employees stay on board, three field estimators / supervisors handle and manage 35 field workers. Over $400k of assets transferred. Seller handles the General Manager role and oversees estimating and operations. Early retirement and interest in Property Management motivates sale. Seller owns property and building, will negotiate lease for new owner if they wish to keep business at current location.

Detailed Information

Location:
Miami-Dade County, FL
Employees:
7 FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Commercial land with office owned by seller- approximately 1700 office under air plus storage of another 1000 sq feet of land where equipment is when not at job site - approximately .33 of acre. Real Estate not for sale. Lease terms and conditions to be negotiated.
Competition:
There is competition, however, this establishment is ranked high in the 'Blue Book' of Construction. Very good reputation 25 years.
Growth & Expansion:
Increased marketing and social media could increase volume for a new owner along with a special 'bid coordinator" focused on bids and other govt work would help as well.
Financing:
Lender pre-screened with $550k down.
Support & Training:
Will train for 4 weeks @ $0 cost. Demolition work and salvage resales.
Reason for Selling:
Seller desires an early retirement.
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Edwin Peña

Business Listed By:
Edwin Pena

Murphy Business & Financial-Boca Raton

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