Commercial Concrete Solutions Contractor

Addison, TX (Dallas County)
Asking Price: $500,000
Business For Sale Details
Listed on Jan 30, 2024

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.
Listing includes Equipment of $286,000 and Inventory with no overhead. Also includes Cash of $59,054 subject to change, plus current Receivables valued at $76,619, and dated Cap-Ex up to $204,000.

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Financials (USD)

Asking Price $500,000

Cash Flow $106,686

Sales $816,000

Deal Terms

Represented by broker? Yes

Buyer Fee? Available On Request

Seller Financing? Yes

Willing to co-broke? Available On Request

Principals only? Available On Request

Franchise? No

Management will stay? Yes

Relocatable? No

Real Estate? No

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