Upper Iowa Niche Concrete Business

Business
  • Listing# : 15713
  • Listed Price : $1,200,000
  • Total Sales : $1,700,000
  • SIC : 2381
  • Down Payment : $1,200,000
  • Status : Active
  • Discretionary Earnings : $221,000

Business Type :

Construction / Contractor Concrete

Business Description :

This niche concrete contracting company provides a service to municipalities as well as the private sector. Operating with a relatively small crew, this company is structured to produce large average tickets on jobs resulting a solid profit margin on jobs completed.

The owner focuses on job quotes, project management and on-site management. The owner has one full-time employee and a few part-time (seasonal) employees that take care of additional on-site duties, driving truck, hauling equipment to and from sites, one other employee takes care of office management and administrative duties.

This business has a backlog of $1,700,000 of jobs bid and won for the 2020 season with another $870,000 in revenue that will carry on to the following year.


Assets/Liabilities:

    • Accounts Receivable $357,952
    • Incl : No
    • Real Estate $0
    • Incl : Available
    • Inventory $0
    • Incl :
    • Liabilities $219,490
    • Incl : No
    • FF&E $597,082
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $597,082
    • Incl : Yes

Lender Prequalified: No

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Construction