Concrete Business Company for Sale

Description of Company
Concrete Contracting Company For Sale

Unique residential concrete contractor that has been in business since 1983. The company pours 1,200 to 1,400 foundations per year. Their client base is who-who of leading national and local builders. They perform all work using sub-contractors which reduces the need for heavy equipment and a large staff. The business is being offered as a stock transfer. In the fall of 1999, the company opened a second company that does commercial projects. Sales for the new company are $7,318,835 through September of 2000 with a net profit of $881,759.

Billings have shown steady increases each month of operation. This joint venture is not part of the offering but can be added on if the buyer desires. Owners are willing to stay with the company for two or more years. An outstanding opportunity in the hottest residential growth area in the nation. Three cities in it's service area are all predicted to be in the top ten fastest growing cities in the country over the next decade. Sales for the company through August of 2000 are $13,809,047 with a net profit of $1,208,117 (no add-backs of any kind). This is priced as a stock transfer.

Furniture, Fixtures, & Equipment $100,000
Vehicles $150,000
Real Estate $0
Accounts Receivable $1,457,920
Accounts Payable $725,854
Debt to Assume $0

Represented by Broker? Yes
If approached by a Broker with a potential Buyer, will owner be willing to pay a contingency fee at a negotiated rate? N/A

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