Commercial Concrete Solutions Contractor (17849)

Texas

Seller Financing Available

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Asking Price:$500,000
Gross Revenue:$816,000
FF&E:$286,000
Cash Flow:$106,686
EBITDA:$102,738
Established Year:2012
BUSINESS DESCRIPTION

Situated in the greater Houston area of Texas, this specialized contractor provides 100% commercial solutions, from demolitions, core drilling and asphalt paving, to concrete repairs such as sawing, scanning, and pour backs. Benefiting from long-term relationships with suppliers and well-establishment in the industry, additional quality services include plumbing trench construction, removals and striping for parking lot projects and more. With February and spring projects ranging from $10K - $30K already on the books, Gross Sales Projections are around $900K. Revenues for 2022 reached $816,000 alongside Discretionary Earnings of $106,686. This sale includes over $300K in equipment such as new skid-steer & dump trailer, vehicles and cash, plus over $75,000 of accounts receivable with the assumption of cap-ex! Workplace is a shop facility measuring nearly 3,000 square feet that features 750-sq.ft. of office space and is found in excellent condition; property holds a yearly renewed lease and currently operates at a full capacity. Experienced personnel of five nonunion employees are most likely to remain post-purchase and continue streamlined operations with a manager in training and a smooth transition period to acclimate the new owner. As big potentials exist in the engagement of social media sites, promotive efforts include a maintained website, outdoor advertisements, and a backed support from the verbal referrals of a large and repeating client base. The company’s excellent online reviews, local reputation, and ongoing command over their niche market offers fast growth opportunities through strategic expansions as the majority of geographic work is completed in-house.


DETAILED INFORMATION
Location
Texas
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,000
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Property measuring 3,000+/- square feet is Leased. Inventory has no overhead. Also includes Cash of $59,054 subject to change, current Receivables valued at $76,619, and dated Cap-Ex up to $204,000.
Financing
Negotiable up to 20% for the right buyer.
Support & Training
Streamlined operations with a M.I.T. for smooth acclimation/Transition period.
Reason for Selling
Approaching retirement and/or pursuing other interests.
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Jason
Hullender
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Jason Hullender