Residential Foundation & Construction
Building and Const. Services - Construction Sub-Contractors | Building and Const. Services - General Building Contractors
| Asking Price: | $350,000 | Inventory: | $6,000 ++ |
| Gross Revenue: | $1,071,540 | Real Estate: | n/a |
| Cash Flow: | $299,224 | FF&E: | $306,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
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. One of the owner that has bought it in 2008, has made unethical decisions in their personal life, and is now in a situation where the court is ordering a quick sale for the business. The business 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 they are in, the owners are going to accept the best offer they can get before October, when the court will auction off the equipment. It 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
Employees:10 full time -
Relocatable:Yes
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.
This business spends virtually no money on advertising. They acquire many new customers through word of mouth and yellow pages. This company is capable of growing with the addition of more employees, expansion of their territory and a sales force. As sales increase the new owner could open up an office out of which to operate and hire more employees.
About the Sale
Management Training and Support:Seller will stay on as necessary for buyer to have a smooth transition.
Reason For Selling:Owners are moving out of state.
Seller Financing:Terms are negotiable
KEYWORDS: residential, construction, foundation, footing, walls
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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