Prime Investment: Concrete Sealing Company with Steady Income

West Valley City, UT

Seller Financing Available

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Sale Pending
Asking Price:$2,100,000
Gross Revenue:$2,150,000
FF&E:$5,000
Cash Flow:$646,505
Inventory:$50,000
Established Year:2016
BUSINESS DESCRIPTION

This well-established company specializes in providing premium concrete sealing, coating, and polishing services for commercial and industrial clients. With a proven track record of delivering high-quality results, the company has built a strong reputation in the industry.

Founded in 2016, the company has a deep understanding of the local market and has developed strong relationships with commercial contractors throughout the region. Their focus on customer satisfaction has led to a high rate of repeat business, with just one salesperson/estimator on staff.

The company has experienced steady growth in recent years, with a significant revenue increase of 71.64% between 2022 and 2023. This growth is attributed to the company's commitment to quality workmanship, timely delivery, and competitive pricing.


DETAILED INFORMATION
Location
West Valley City, UT
Inventory
Not Included in asking price
Real Estate
Owned
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Competition
While the company has a strong market position, competition in the concrete floor finishing industry can be fierce. Pros include established relationships, a proven track record, and a loyal customer base. However, cons may include price sensitivity among customers, potential competition from larger, more established firms, and the need to constantly adapt to industry trends and technological advancements.
Growth & Expansion
The company's strong reputation, high repeat business rate, and current growth suggest significant expansion potential. The large project in the pipeline offers a major revenue opportunity. The company's focus on quality and customer satisfaction can differentiate it in the market. Expanding may require additional resources. Competition in the concrete floor finishing industry can be intense. Rapid growth can create challenges in managing resources, ensuring quality control, and maintaining a positive company culture.
Reason for Selling
Life Change
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Michelle
Regner
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Michelle Regner