New Listing 8/1 Concrete Contractor | Transworld Business Advisors

New Listing 8/1 Concrete Contractor

Listing Number: 76551-243220

Description

This 22 year-old concrete construction company has steadily increased sales and profits over the past few years. Maryland and DC operations in flatwork, foundations, and walls. This form and pour company company has $2M in assets such as Mack pump trucks, concrete delivery trucks, backhoes, skidsteers, and pickups.

• Asking price is $4M - owner finance with 50% down.
• 2019 Sales $14M
• Seller Discretionary Earnings $800,000
• Real estate is all owned and optional separate purchase.
• 60 Total Employees – 30 of which are outsourced labor. 2 FT service technicians.
• Owner does sales and bidding- good management in place for concrete work.
• Owner selling because he needs to raise capital for his residential home building business.

Listing Details

  • Price: $4,000,000
  • Down Payment: $2,000,000
  • Sellers Discretionary Earnings: $791,000
  • Total Sales: $13,000,000
  • Location: Montgomery County, Maryland

  • Inventory: $0
  • FF&E: $0
  • Employees:
  • Reason for Selling: Seller needs money
  • Category: Construction
New Listing 8/1 Concrete Contractor

Contact Agent:

Jerry Elliott Arlington