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Lucrative Midwest Concrete/paving Company For Sale

Iowa
Asking Price:
$1,139,995 (USD) Furniture / Fixtures included
Sales Revenue:
$2,382,641 (USD)
Cash Flow:
$316,105 (USD)

This concrete/paving company's focus is on commercial concrete projects, commercial private street paving as well as municipal contract for street paving. In both the private sector as well as the city/county government projects this company has grown to be well recognized and respected in the Midwest.

This business has been operated mostly as a seasonal business. Even though more bids could have been won further south during the winter months, the current owners use the off season to work on equipment, take some personal time and gear up for the upcoming season.

Property Information

Real Estate:

Lease

Premises Details:

The business operates out of a facility that is completely sufficient for operations. The property includes outside storage, warehouse space as well as a professional office setting. The Real Estate is available but not included in the purchase price of the business.

Business Operation

Expansion Potential:

There is real potential for growth with this company. A new buyer could add staff, add targeted marketing campaigns, increase social media efforts and attend industry trade shows in new markets.

Competition / Market:

The competition in this industry is mature. Over the years, this company has built its name by forging relationships as well as providing quality product with a high level of service and professionalism. These relationships, bidding strategies, quality of product and the strong commitment to the customers will be transferred/taught to a new owner.

Reasons for selling:

The current owners would like to sell and retire.

Trading hours:

Monday-Friday - Seasonal

Employees:
14 FT
Years established:
28

Other Information

Support & training:

Will train for 4 weeks @ $0 cost.
A buyer will want to have background in the concrete contracting industry as well as strong leadership skills. In addition, the buyer will be required to be bonded.

Furniture / Fixtures value:
$890,994 (USD) - included in the asking price
Relocatable:
This business can be relocated.

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