Large Masonry Contractor For Sale

MD

Seller Financing Available
Large Masonry Contractor For Sale
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Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $21,685,991

EBITDA: $2,576,969

FF&E: N/A

Inventory: N/A

Rent: $0.00

Established: 1980

Large Masonry Contractor For Sale

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Business Description

Masonry Contractor with $20 Million in Revenue

Our client has been in the masonry business for over 35 years. Ideally located in a large metropolitan area on the east coast, they have an unparalleled reputation for flexibility, responsiveness and quality work. The Company’s length of service has allowed its estimators and project managers to develop and maintain key contacts within the industry.

Having grown to over 25 field crews and more than $20 Million in revenue, the company’s size sets them apart in the extremely fragmented masonry industry. Our client can take on large scale projects and cover a much broader geographic area than their competition.

Working with both single-family home builders and multi-family facility builders working on large scale apartment/condominium complexes allows the company to remain stable whether the market dictates home buying or rentals. The company’s unique business model also allows them to scale their work force based on the current project load, comfortably managing fluctuations in demand while also managing cash flow.

Our client’s profit margins are double the industry standard and they maintain a strong balance sheet. The company does not have any tax liens or existing or pending law suits.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
13
Facilities:
The company is headquartered in a 3,000 square foot office ideally located in a thriving metropolitan area.
Competition:
Having grown to over 25 field crews and more than $20 Million in revenue, the company’s size sets them apart in the extremely fragmented masonry industry. Our client can take on large scale projects and cover a much broader geographic area than their competition. Working with both single-family home builders and multi-family facility builders working on large scale apartment/condominium complexes allows the company to remain stable whether the market dictates home buying or rentals. The company’s unique business model also allows them to scale their work force based on the current project load, comfortably managing fluctuations in demand while also managing cash flow. Our client’s profit margins are double the industry standard and they maintain a strong balance sheet.
Growth & Expansion:
There are numerous opportunities for growth within the Company's current region. In addition, geographic expansion could be easily attained driving significant revenue growth. Many of the Company's customers operate on a national basis. Using the model already in place, the Company could expand revenue quickly by working for their current customers in other geographic regions
Support & Training:
The owners began to step away from the day-to-day running of the business several years ago and have a capable employee base with years of experience. The owners are available to ensure a smooth transition for the new owner.
Reason for Selling:
Retirement
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(from currently available funds)
 
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Brian MacMillan

Business Listed By:
Brian MacMillan

BWFA Business Services

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