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Absentee Owned Mudjacking Services
$115,000Cash Flow: $55,052Seller Financing
Absentee Owned Mudjacking Services

Omaha, NE

If you’re looking to expand your construction & remodeling services, or would like an absentee investment, this foam jacking and concrete lifting business is a nice addition for your company or portfolio. Started in May 2013, this business has continued to steadily grow, and offers all your concrete lifting needs, including caulking and sealing. With a labor staff of 2 working 5 days per week, roughly 5 to 6 jobs are completed each day, with the average ticket running from $400 to $500. An office manager and a salesman schedule clients and take bids. While the business is seasonal, work can be completed in winter, weather permitting. The labor staff handles shop maintenance when outside work cannot be done during the off season. The seller currently uses a 180-sq. ft. office that he is willing to lease during a transition period for $1,400/month triple net. An owner/operator does not need to utilize an office, especially if he/she decides to handle contracts and sales. Clients rarely stop by the current office, so even an absentee owner could have the salesman and office manager work from home. With a proposed purchase price set at $120,000, a 10% down payment of $12,000 would provide a 300% return on investment in the first year. This could easily increase if a buyer chooses to handle sales and contracts also. Year Established: May 2013 Location and Service Area: Omaha Metro Services: foam jacking, caulking, sealing; average ticket is $400 - $500 with a starting rate of $350 for 1 hour Reason for Selling: Owner’s main business needs sole focus Employees: 1 Salesman, 1 Office Manager, 2 Laborers Hours: 5 days per week, completing 5-6 jobs per day Seller Training Period: 90 days Growth Opportunities: An owner/operator could add approximately $70,000/year by working on contracts and taking over sales Current Owner’s Responsibilities: mostly absentee – the owner spends approximately 1 hour/week on payroll Equipment: Construction equipment worth $45,700 Furniture & Fixtures: $2,400 (computer, scanner, printer, iPad) Vehicles: Available for separate purchase if desired by buyer – 2017 Ford Transit Van, 2015 Ford Focus Intangible Assets: excellent reputation and website A/R: $28,000 in signed contracts

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