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Listed by:

Sunbelt of Charlotte

Turn-key Flatwork Concrete Specialists, Serving North Carolina For Sale

North Carolina, North Carolina, US
Asking Price:
$1,200,000 (USD) Inventory / Stock included
Sales Revenue:
$1,500,000 (USD)
Cash Flow:
$400,000 (USD)

Seller is an accomplished Field Supervisor professional – and he will stay on for a 1 to 2-year transition period. Buyers with a Construction background are preferred but strong Business Management expertise is essential.

This Contractor has sales of about $1.5m per year and a Seller’s Discretionary Earnings of $400,000. Over the past 16 years this business has developed a solid commercial customer base with large General Contractors, Building Management companies as well as Real Estate Developers. This core customer group represents a high percentage of the sales: generally on projects of 2-3 months. This business has no debt, A+ collections, good margins and generated a sales increase through every year of the recession.

With a solid base this is a recession-proof offering with a vast upside by concentrating on their cast-in-place niche: sidewalk, floor, parking lot and foundation contract work.

Property Information

Real Estate:

Lease

Premises Details:

N/A

Business Operation

Reasons for selling:

Pursue Other Interests

Trading hours:

Days: Monday-Friday

Employees:
Full Time: 10, Part Time: 1
Years established:
19

Other Information

Support & training:

Seller will negotiate a transition period

Financing available:

Seller will consider some financing for a qualified buyer

Contact Information

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