Highly reputed hardscape installation company specializing in patios, driveways, pool decks, fire pits, retaining walls, pergolas, and outdoor kitchens. With over 15 years of experience, this company is renowned for its high-quality services and emphasis on customer satisfaction, earning several accolades. New ownership took over in 2020, growing sales significantly, and continuing a legacy of excellence with its experienced team.
Investment Highlights:
2023: $3.8 Million; $790K SDE. Y.O.Y Growth of 21%
Revenue CAGR of 29% from 2021 to 2023
Improved operational efficiency, boosting SDE margin from 19% in 2021 to 21% in 2023
Maintains 8 to 10-week backlog of projects
Balanced revenue with 50% commercial and 50% residential projects
Key members of the team have been with the business since founding (worked with 2 owners)
Opportunities for growth include expansion into retail sector, geographic regions and new services
- Asking Price:
- $3,990,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $3,800,000
- Cash Flow:
- $790,000
Property Information
- Real Estate:
-
Lease
- Location:
-
Property is available for an optional purchase of $1,200,000 or to lease.
- Premises Details:
-
Equipment and Vehicle values is $240K.
- Size in square feet:
- 6,000+/-
Business Operation
- Reasons for selling:
-
Moving away from Client radius.
- Trading hours:
-
N/A
- Employees:
- 5 nonunion.
- Years established:
- N/A.
Other Information
- Support & training:
-
Standard transitioning with crew managers to oversee subcontractor operations.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Standard SBA-term financing will be negotiable for qualified buyers.
- Furniture / Fixtures value:
- $240,000 - included in the asking price
- Inventory / Stock value:
- $106,000 - included in the asking price
