Masonry Contractor For Sale

Business description

Gross Sales: $625,000
Cash Flow: $110,000

This well-established and profitable company specializes in masonry installations
and repairs. The business performs all aspects of masonry installations including
brick, block, stone, restoration, caulking and scaffolding. It is committed to
quality workmanship and is recognized as a leader in the industry. The seller
wants to be relieved of ownership responsibilities. He is currently on the faculty
of a local community college and would like to spend more time teaching
masonry construction.

Financing:
Anticipated Seller/Bank financing: $100,000
Down Payment: $14,000
Working Capital Needed: $50,000

Property information

Location:

The business operates from 2,500 SF of leased cold storage and an
owner’s home office.

Other information

Expansion potential:

As successful as the business has been, much greater success lies in the future.
Its impeccable reputation for quality workmanship has enabled it to develop
unique relationships with local contractors. Because of the owner’s desire to
teach masonry at a local community college, growth during the past five years
has been restricted. A new owner could capitalize on the company’s excellent
reputation and add significant sales volume in a short period of time.

Competition / Market:

This is one of the leading masonry companies in its market area. Customers include industrial, commercial and residential clients. This customer base is broad, deep and diverse and is not concentrated in a few major accounts. The company’s workmanship is so well respected by general contractors that several have been clients for over 30 years.

Support & training:

Seller will provide training for a smooth transition.

Reasons for selling:

The seller would like to retire from the business and spend more time teaching masonry contracting at the local community college.

Financing available:

Anticipated Seller/Bank financing 100K. Down Payment $140K. Working Capital Needed 150K

Furniture / Fixtures value:

$150,000 (included in the asking price)

Inventory / Stock value:

$5,000 (included in the asking price)