Full-Service Brick Paving Contractor

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Full-Service Brick Paving Contractor - $650,000

Business Description

The Company is a well-established provider of brick paving and wall installation services for a variety of commercial and residential customers. Capabilities include paving for parking areas, driveways, pool decks and patios, as well as full-service segmental retaining wall installation. The Company differentiates itself from competitors through its long-standing relationships with suppliers, premier after-sales service and its unique ability to tailor its service offerings to market demand.

The Company primarily serves clients in Florida, but has contracts through the southeast. Revenue is broken down by 80% commercial and 20% residential clients.

About the Business

Year Established:
1996
Number of Employees:
7
Real Estate:
Owned
Building Sq. Ft.:
720
Facilities:
The Company’s headquarters are located in Florida, in a 720 square foot facility owned by a related party. The Company’s facility is located in an area with few direct competitors and the fair market rate is considered to be $19,000 per year.
Market Outlook/
Competition:
Strong Supplier Relationships: Much of the Company’s historical success can be attributed to its strong ties to suppliers. The Company’s suppliers often recommend the Company for commercial and residential work.

Strong Client Relationships: The Company is proud of its strong ties to customers and its reputation for quality work. This is evidenced by their 80% rate of repeat business.
Growth & Expansion:
Outstanding Growth Opportunities: Several opportunities exist for the Company to increase revenue and profit, including leveraging the Company’s proven reputation to pursue new and existing markets. Specifically, management cites adding landscaping services and increasing sales and marketing activities as sources for easily attainable growth.

Strong Balance Sheet: As of December 31, 2017, The Company’s unadjusted debt ratio (less than 1.0 is favorable) and current ratio (greater than 1.0 is favorable) were 0.2 and 3.2, respectively.
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About the Sale

Seller Financing:
Would consider selling both the business and the real estate

Listing Info

ID:
1558860
Ad Detail Views:
67
Asking Price:
$650,000

Gross Revenue:
$1,600,000
Cash Flow:
 Not Disclosed
EBITDA:
$143,000
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
$200,000
not included in asking price

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Business Listed by

Julie Sandoval

Generational Equity, LLC

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Sponsoring Broker:

Lisa Lippe
Generational Equity, LLC

U.S. Census Data for Florida
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Florida
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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