Franklin County, MO Concrete Businesses For Sale

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Residential/Light Commercial and Polished Concrete Services
$480,000 Cash Flow: $154,932 Seller Financing
Residential/Light Commercial and Polished Concrete Services

Franklin County, MO

Premier concrete work and designer concrete polishing are the main services offered by this business. With a well-regarded name, this company is on the cutting edge of the industry and a premier provider in the local and national markets. With quality results, this business has a high level of referrals and uses little advertising. The concrete side of the business is currently about 70% of the revenue and is typically done within a 30-mile radius of the office. These services include residential tear out and replacement of driveways, patios, and sidewalks. The owner has developed a unique approach to bidding these projects utilizing drones to survey neighborhoods. Also included in these services is stamping, staining, trench footings, formed walls, and slab concrete as well as some commercial work. The polishing concrete aspect of this business is currently around 30% of revenue. These services are mostly outside of the area, with a national customer base. Included in the sale is training and education on cutting edge polishing technology that reduces labor, materials, and time by 80%. Options for decorative concrete include acid staining, integral color, stamping, sand finish, dying, and prep services. This business is currently in its own building that is customized for specialty concrete work. With multiple samples of concrete options in showrooms both inside and out, this building would be available for a new owner to lease. If a building purchase is desired, this would be done outside the sale of the business. Year Established: 1990 Location and Service Area: East Central Missouri Client Demographics: 70% local concrete (70% residential, 30% commercial) 30% polished with a national customer base Lease: Customized 6,000 sq. ft. building with 1,000 sq. ft. of office space, 14x14 doors Reason for Selling: New ventures out of state Employees: 6 FT Office manager, Project Manager, 4 Concrete Specialists Hours: Monday – Friday 7-5 Seller Training Period: 90 days transition Growth Opportunities: Expand commercial business, increase drone bidding, increase polished concrete services Current Owner’s Responsibilities: Absentee oversight of concrete side of business, personally does all polished concrete work Equipment: $183,750 concrete equipment, flatwork forms, cutting edge technology for polishing concrete Vehicles: $90,000 Intangible Assets: Great reputation, name recognition, referrals, technology-based edge on market Secured Work: $600,000 *amounts may vary Purchase Price: $480,000 10% Buyer Down Payment: $48,000 10% Seller Financing: $48,000 80% Bank Loan: $384,000 A 10% down payment of $48,000 returns $76,877 in the first year after debt payments!


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