Kent County, MI Building and Construction Businesses For Sale

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Asphalt Paving Business for SaleAsphalt Paving Business for Sale
$2,200,000Cash Flow: $900,000Seller Financing
Asphalt Paving Business for SaleAsphalt Paving Business for Sale

Grand Rapids, MI

Hello, my name is Donald Burke. I started a Paving business five years ago. We had many years of experience in the paving business and sold our original company back in 2000. There are three things necessary to have a profitable Paving Company. number one would be sales number two would-be production and number three would be quality. We have had the winning formula for 50 years. We started as a family business and remain so. We have experienced, loyal and valuable men that work for us. We have state-of-the-art equipment. We are constantly trading in buying Better Equipment. We are in a specialized field of Paving. We are one of the only companies in Michigan and surrounding areas that do Chip Seal Paving on residential driveways. We have calls coming in every day from around the state. We charge a premium price for this type Paving. We have a A+ rating with the Better Business Bureau and a 4. 7 star rating with Google business. Thank you Don Burke

counter top manufacturer
$60,000
counter top manufacturer

East Grand Rapids, MI

This company manufactures solid surface counter tops using a mixture of chemicals and molds. Customers are both residential and commercial.

Very Profitable Spray Foam Insulation Business - Sale Pending
$539,000Cash Flow: $215,000Seller Financing
Very Profitable Spray Foam Insulation Business - Sale Pending

Kent County, MI

After a great 15 year run in the spray foam insulation business, the owner plans to sell his successful and highly profitable West Michigan company to a new owner-operator and retire after an adequate transition period for the buyer. The business is housed in a functional and attractive 4,200 square foot commercial condo in a desirable West Michigan light industrial area. The site is conveniently located two minutes from a major highway. The condo is owned by the seller and available for lease or purchase under favorable terms. Alternatively, the successful buyer can elect to relocate the business elsewhere. There are three (not counting the owner) well compensated, non-union, W-2 employees. All are loyal, skilled and well-trained. Over the past four years, the business has enjoyed average annual revenues of $650,000 while recording a very impressive average annual SDE (seller’s discretionary earnings – historical cash flow available to pay an owner-operator and service debt) of an ample $215,000. The business is attractively priced at $539,000 which is a favorable 2.5x multiple of SDE. And for a qualified but under-capitalized buyer, the seller will carry a $100,000 seller note with favorable terms. 70% of revenues come from contractors/builders with no customer concentration. The balance comes directly from individual homeowners. 70% of revenues come from new construction with the balance divided between retro-fit insulation jobs and small commercial projects. Business is generated by repeat work from contractors, word-of-mouth from satisfied home owner customers, the company’s attractive website and annual appearances at three popular West Michigan trade shows. The company’s use of Icynene-LaPolla, (a premier manufacturer of expanding foam insulation) assures maximum benefit to customers which includes exceptionally high energy efficiency, comfortable and healthy homes. The company comes with two self contained spray foam rigs along with a wealth of production tools. The fixed assets have an estimated value of nearly $100,000, all of which is included in the sales price. These items will provide a buyer with a solid collateral position to help secure a meaningful SBA bank loan while minimizing future capex requirements. The seller anticipates an asset sale in which he retains cash and accounts receivable while retiring all liabilities. The buyer, in addition to receiving the goodwill of the business, will get all the fixed assets and approximately $30,000 of inventory. The combination of (a) consistent and strong cash flow; (b) a strong base of fixed assets; (c) a favorable listing price; and (d) a six figure seller note should make a meaningful SBA loan very likely even with a buyer cash investment of less than $75,000. To learn more about this outstanding, cash-flowing, niche business, please contact Mike Greengard (mgreengard@praxisbusinessbrokers.com).

Building Maintenance Company for Sale in West Michigan!
Building Maintenance Company for Sale in West Michigan!

Wyoming, MI

Building Maintenance Company for Sale in West Michigan! This company has a remarkable client base, over 16 years of operations, and is exceptionally profitable! Business Description This building maintenance company was formed in 2003. The owner has been dedicated to his client base and has most importantly a well-established loyal client base! This company serves Western Michigan and has a niche in restoring and cleaning floors! They have several dedicated trained employees who help ensure the business succeeds to the current level. This company has served many high-profile buildings through the area. Their clients include individuals, property management companies, corporations, and government facilities. This is a rare opportunity and a must-see opportunity for the right person or company! This business is profitable with low overhead! Please call Doug at 616.822.9900! or Rob at 616.855. 7677! Detailed Information: Asking Price: Accepting Offers! Gross Revenue: $634,971.00 +/- Established: Operating for over 16 years! Inventory: The Inventory varies during seasons and client’s needs. Real Estate: The real estate is leased, on a month to month basis. Building SF: 7,000 Square Feet Employees: 10+ full and part-time, very little turnover, a loyal employee base! Facilities: Standard maintenance company warehouse and office. Competition: There are several companies in this sector. However, this company has developed a long-term loyal client base and is well established. Growth & Expansion: Given the current loyal client base that is a solid foundation, this company can serve as an outstanding opportunity to enter the market and grow the business. Or for a company already in this business sector to gain an incredible client base and grow their company. Support & Training: Owners want to ensure success for the new owner and are willing to support and train the new owners. Reason for Selling: Retirement and move to southern states.

Custom Countertop Design & Fabrication Company
Custom Countertop Design & Fabrication Company

Kent County, MI

This detail-orientated Western Michigan countertop company is a custom fabricator of premium surfaces and wood products. They have been offering a wide range of high quality unique products and services to both residential and commercial customers since 2003. Their services include design, custom fabrication, installation and assembly, service and repair, and unique applications. They deliver ingenuity and custom machining capabilities that are unmatched in their market. Their experienced staff offers a depth of knowledge that extends beyond just a countertop and can advise on projects and installations that others in their market cannot achieve. The company includes a 12,500 square foot (2,500 office and 10,000 manufacturing floor) building as part of the sale. Financial Summary · Sales Volume of $2.0 million · SDE of $250k . In recent months sales and profitability are up dramatically. The owner is seeking a partner or buyer to expand the size and scope of the business due to strong customer demand. Owner wants to stay involved another 3 to 5 years. An Investment Summary is available to qualified parties. A confidentiality agreement and evidence of financial capability are required.


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