Turn-Key Flatwork Concrete Specialists

NC

Seller Financing Available
Concrete Specialists
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Asking Price: $1,600,000

Cash Flow: $660,000

Gross Revenue: $2,400,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $1 /Month

Established: 2001

Turn-Key Flatwork Concrete Specialists

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Business Description

Seller is an accomplished Field Supervisor professional – and he will stay on for a 1 to 2-year transition period. Buyers with a Construction background are preferred but strong Business Management expertise is essential.

This Contractor has a sales average of $2,454,000 per year and an average Seller’s Discretionary Earnings of $660,000 the last 3 years. Over the past 16 years this business has developed a solid commercial customer base with large General Contractors, Building Management companies as well as Real Estate Developers. This core customer group represents a high percentage of the sales: generally on projects of 2-3 months. This business has no debt, A+ collections, good margins and generated a sales increase through every year of the recession.

With a solid base this is a recession-proof offering with a vast upside by concentrating on their cast-in-place niche: sidewalk, floor, parking lot and foundation contract work.

Substantial Seller Financing to Qualified Buyers

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1
Lease Expiration:
N/A
Employees:
10 FTE, 1 PTE
Financing:
Seller will consider some financing for a qualified buyer
Support & Training:
Seller will negotiate a transition period
Reason for Selling:
Pursue other interests
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Contact the Seller

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Bill Law

Business Listed By:
Sunbelt Charlotte

Sunbelt Business Brokers Charlotte

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