Hot Listing
Well Established Commercial Concrete Company For Sale In Orlando, FL
Business Description
HS Listing ID-65586
Annual Figures: 2024
Gross Sales: $8,188,550
Net Profit: $1,848,622
Expenses: 2024
COGS & Salaries and Wages: $6,154,558
Business Highlights:
– In business for 36 years
– Located in Orlando, FL
– Type of work: footers, foundation, masonry walls, block work, decks, parking lots
– 2 owners, estimator (project manager), office admin, office manager, part time office, shop foreman, 6 foreman, 25 hourly field employees, (50) 1099 masonry field, (10) concrete field, several 1099 pump companies.
– Owner #1 – Overseeing, orders materials, estimates, contracting
– Owner #2 – Insurance, payroll, taxes, legal
– Tenure of employees: some guys over 20 years, most 10-15 years, field guys have higher turnover
– 22 vehicles with the sale
– Owns the property but would lease back at $5150 triple net
– Building is 6000 sqft, 3000 sqft is the office and one acre yard
– Doesn’t hold much inventory 100K – 200K value
– 90% commercial 10% residential
– 95% new construction 5% renovation
– Jobs in the works: 6 Chipotles, 5-6 dental offices, a few 7-11’s, retail facility, mini storage, 4-5 car washes, Starbucks, Wal-Mart, Publix
– $2,000,000 billed so far this year as of the end of Feb 2025
– Should do $11,000,000 in 2025
– Has bid $100,000,000 in jobs will probably get 10% of those
– Gets bid request daily
– Sweet spot is the 8-15K sqft jobs
– No advertising. They have been in business so long they don’t need to
– Owner will help transition for 3-6 months
– Will hold $1,000,000 seller note
– Reason for the sale: Both owners are looking to retire
2024 Tax Return: $8,188,550 – Gross
Addbacks:
$250,400 (Compensation of Officers)
+ $10,574 (Interest)
+ $6,323 (Depreciation)
+ $42,000 (Health Insurance)
+ $1,539,325 (Ordinary Business Income)
= $1,848,622 True Net Income for 2024
2023 Tax Return: $6,099,240 – Gross
Addbacks:
$250,400 (Compensation of Officers)
+ $6,100 (Interest)
+ $9,794 (Depreciation)
+ $19,000 (Professional Fees)
+ $30,000 (Advertising – Sponsored a team)
+ $42,000 (Health Insurance)
+ $919,542 (Ordinary Business Income)
= $1,276,836 True Net Income for 2023
2022 Tax Return: $5,992,717 – Gross
Addbacks:
$248,400 (Compensation of Officers)
+ $13,261 (Depreciation)
+ $42,000 (Health Insurance)
+ $1,000,593 (Ordinary Business Income)
= $1,304,254 True Net Income for 2022
2021 Tax Return: $5,313,665 – Gross
Addbacks:
$243,400 (Compensation of Officers)
+ $13,262 (Depreciation)
+ $680,701 (Ordinary Business Income)
= $937,363 True Net Income for 2021
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Annual Figures: 2024
Gross Sales: $8,188,550
Net Profit: $1,848,622
Expenses: 2024
COGS & Salaries and Wages: $6,154,558
Business Highlights:
– In business for 36 years
– Located in Orlando, FL
– Type of work: footers, foundation, masonry walls, block work, decks, parking lots
– 2 owners, estimator (project manager), office admin, office manager, part time office, shop foreman, 6 foreman, 25 hourly field employees, (50) 1099 masonry field, (10) concrete field, several 1099 pump companies.
– Owner #1 – Overseeing, orders materials, estimates, contracting
– Owner #2 – Insurance, payroll, taxes, legal
– Tenure of employees: some guys over 20 years, most 10-15 years, field guys have higher turnover
– 22 vehicles with the sale
– Owns the property but would lease back at $5150 triple net
– Building is 6000 sqft, 3000 sqft is the office and one acre yard
– Doesn’t hold much inventory 100K – 200K value
– 90% commercial 10% residential
– 95% new construction 5% renovation
– Jobs in the works: 6 Chipotles, 5-6 dental offices, a few 7-11’s, retail facility, mini storage, 4-5 car washes, Starbucks, Wal-Mart, Publix
– $2,000,000 billed so far this year as of the end of Feb 2025
– Should do $11,000,000 in 2025
– Has bid $100,000,000 in jobs will probably get 10% of those
– Gets bid request daily
– Sweet spot is the 8-15K sqft jobs
– No advertising. They have been in business so long they don’t need to
– Owner will help transition for 3-6 months
– Will hold $1,000,000 seller note
– Reason for the sale: Both owners are looking to retire
2024 Tax Return: $8,188,550 – Gross
Addbacks:
$250,400 (Compensation of Officers)
+ $10,574 (Interest)
+ $6,323 (Depreciation)
+ $42,000 (Health Insurance)
+ $1,539,325 (Ordinary Business Income)
= $1,848,622 True Net Income for 2024
2023 Tax Return: $6,099,240 – Gross
Addbacks:
$250,400 (Compensation of Officers)
+ $6,100 (Interest)
+ $9,794 (Depreciation)
+ $19,000 (Professional Fees)
+ $30,000 (Advertising – Sponsored a team)
+ $42,000 (Health Insurance)
+ $919,542 (Ordinary Business Income)
= $1,276,836 True Net Income for 2023
2022 Tax Return: $5,992,717 – Gross
Addbacks:
$248,400 (Compensation of Officers)
+ $13,261 (Depreciation)
+ $42,000 (Health Insurance)
+ $1,000,593 (Ordinary Business Income)
= $1,304,254 True Net Income for 2022
2021 Tax Return: $5,313,665 – Gross
Addbacks:
$243,400 (Compensation of Officers)
+ $13,262 (Depreciation)
+ $680,701 (Ordinary Business Income)
= $937,363 True Net Income for 2021
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- Other business interests.
- Transition Support
- Yes.
Listing Info
- ID
- 2349331
- Listing Views
- 2426
Listing ID: 2349331 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. See our full Terms of Use. Learn how to avoid scams.
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