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Excavating Foundations & Concrete/Masonry

| Asking Price: | $800,000 | Inventory: | $2,000 ++ |
| Gross Revenue: | $529,225 | Real Estate: | $95,000 ++ |
| Cash Flow: | $30,000 | FF&E: | $295,500 ++ |
| ++ included in the asking price ** not included in the asking price | |||
This “For Sale by Owner” construction company that specializes in excavation for footing work and concrete and masonry work is well established. This company has been in the industry for over 45 years and is known for their quality craftsmanship in this industry. They have the opportunity to take on 10 new clients for all the concrete and footing work with each job projected in the $100,000 range with high profit margins. This is a niche business and customers are loyal. The present owner has a great location that is highly visible and has easy access to the highway. This is a good time for the company’s growth and the present owner is retiring making it available to you now. He has agreed to stay on through a reasonable transition period to acclimate
About the Business
Year Established:1960
Employees:5 full time - 2 part time
Facilities:The property has 2 buildings with 3600 sq. ft. building #1 is used for equipment storage plus repair/maintenance facility, building #2 is also used as equipment storage.
Market Outlook and Competition:Hiring more operators and acquiring more equipment could increase sales. Subcontracting some of the work could expand the business with smaller overhead. There is very little competition in the area
About the Sale
Reason For Selling:Retirement
Seller Financing:There is a possibility for some owner financing for the right buyer.
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