Large-scale demolition projects are the primary work for this company. Jobs are generally within 60 miles. Specialised equipment that others do not have makes this a sought-after company that is able to do specific projects for customers. The company does most of the work for many of the top construction firms in the area and has built relationships over the years with many of these large companies. The company has a reputation for completing projects on time, on budget, in a professional manner, and leaving the job clean. The owner works 5–10 hours per week by choice.
- Asking Price:
- $1,600,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,714,904
- Cash Flow:
- $499,347
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
A 6,500-square-foot building with an office and breakroom is available. It is of adequate size for current operations and would serve a new owner well. The real estate is currently owned by the business owner and is available for sale or lease. Terms can be negotiated.
Business Operation
- Expansion Potential:
-
As with most businesses in the area, labor is a bottleneck. Another ten employees could be put to work at once. That has forced the Company to explore high-tech options that allow for efficient project completion and less physical toil on the employees. Previously, the Company had twice as many employees and did twice the revenue.
- Competition / Market:
-
There is a similar company in this industry, but they have shifted focus to a different line of work and are no longer considered competition. This business works with companies they have built solid relationships with over the years that can be handed off to the new owner.
- Reasons for selling:
-
Retirement.
- Trading hours:
-
Monday-Sunday 24 hours
- Employees:
- 6 FT
- Years established:
- 25
Other Information
- Support & training:
-
Will train for 3 weeks @ $0 cost.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
$160K down/$160K over 120 mos. @ 10%/Other Financing.
- Furniture / Fixtures value:
- $1,545,360 - included in the asking price
- Inventory / Stock value:
- $100,000 - included in the asking price
- Relocatable:
- This business can be relocated.
