Strong Growth Contractor
Asking Price:   $1,290,000Inventory:   $30,000 ++
Gross Revenue:   $1,975,000Real Estate:   n/a
Cash Flow:   $490,000 (comments below)FF&E:   $755,000 ++
++ included in the asking price         ** not included in the asking price
Cash Flow Comments: SD CF
This Mid-Atlantic specialty company provides concrete cutting and drilling services throughout New Jersey and serves general contractors, mechanical contractors and plumbing companies. The focus has always been towards top quality, encompassing a full service approach - a distinctive advantage over the competition. The customer base consists of approximately hundred customers which have been served by the seller for the past 13 years. Due to excellent market positioning, the company has experienced a significant expansion in business. This has been reflected in the financial performance by a strong growth in Seller’s Discretionary Cash Flow (SDCF). It is projected that 2008 will see a further increase in cash flow to $500,000 per year. The deal is very attractively priced for the qualified buyer: with a $360,000 buyer’s down payment, the new owner can obtain an annual $350,000+ cash flow (before debt service). SBA bank pre-approval for $730,000 and owner financing of $200,000 will complete the acquisition, for a 70% Return On down payment. A fixed asset list consisting of vehicles and equipment, valued at approximate $800,000 provides an extraordinary value to a qualified buyer. The company has a stable long term employee base that will remain with the business and the owner is very motivated in making this an easy ownership transfer. (ALL DATA BASED ON SIGNED TAX RETURNS)
About the Business
Year Established:1990
Employees:10 full time -
Relocatable:Yes
Facilities:Very nicely located, on major highway
Market Outlook and Competition:Competition: Company provides a “full service” approach, by cutting, removing, extravacting, backfilling, and patching. Competitors typically only provide single pieces of this service spectrum. Thus, in a traditional sense, the company has very few competitors Growth and Expansion: Consistent growth for the past 4 years, and excellent growth for the future.
About the Sale
Reason For Selling:Retirement / Other business
Seller Financing:Buyer $360k cash, Seller $200 note, SBA bank financing $730k (approved)

KEYWORDS: This Mid-Atlantic specialty company provides concrete cutting and drilling services throughout New Jersey and serves general contractors, mechanical contractors and plumbing companies. The focus has always been towards top quality, encompassing a full service approach - a distinctive advantage over the competition. The customer base consists of approximately hundred customers which have been served by the seller for the past 13 years. Due to excellent market positioning, the company has experienced a significant expansion in business. This has been reflected in the financial performance by a strong growth in Seller’s Discretionary Cash Flow (SDCF). It is projected that 2008 will see a further increase in cash flow to $500,000 per year. The deal is very attractively priced for the qualified buyer: with a $360,000 buyer’s down payment, the new owner can obtain an annual $350,000+ cash flow (before debt service). SBA bank pre-approval for $730,000 and owner financing of $200,000 will complete the acquisition, for a 70% Return On down payment. A fixed asset list consisting of vehicles and equipment, valued at approximate $800,000 provides an extraordinary value to a qualified buyer. The company has a stable long term employee base that will remain with the business and the owner is


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Business Listed By
Achim Neumann
A Neumann Associates, LLC
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