Residential Foundation & Construction
East TN, Tennessee
Building and Const. Services - Other Services  |  Business Services - Other Business Services
Seller Financing Available
Asking Price:   $195,000Inventory:   
Gross Revenue:   Not DisclosedReal Estate:   n/a
Cash Flow:   Not DisclosedFF&E:   n/a
++ included in the asking price         ** not included in the asking price
This pour in place foundation company specializes in residential foundation. It has been in operation since 2000. This company was acquired in July of 2008, at a time when it was producing over $1 Million in revenue and $300,000 in cash flow. The last person that bought it in 2008 made unethical decisions in their personal life. This business is now in a situation where the court has ordered a quick sale for the business. It has a splendid track record that dates well over a decade, as well as over $300,000 in hard assets. Due to the unusual situation the prior owners are in, they will accept the best offer they can get before October - which is when the court will auction off the equipment. This is an incredible opportunity for someone to come in and purchase assets at a discount as well as an established corporation.
About the Business
Year Established:2000
Home Based:Yes
Facilities:This business is home based and can be relocated easily. To run this business successfully you will need an office approximately 200 square feet as well as a place to occasionally store the equipment and trailers.
Market Outlook and Competition:This is a full service company providing service to residential construction. This company is known throughout their area as the largest in their field.
About the Sale
Management Training and Support:Seller will stay on as necessary for buyer to have a smooth transition.
Reason For Selling:Moving out of state
Seller Financing:20%, negotiable

KEYWORDS: residential, construction, foundation, footing, walls


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Re: BizQuest ID:969566
Seller ID:N721
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Business Listed By
Marian Andreescu
Sunbelt Business Brokers
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