CONCRETE CO. $170K NET. CONST138

Price: $395,000

Location: Camden County, New Jersey

Industry: Construction

Listing ID: CONST138

Owner retiring from this phenomenally successful Concrete Mason Company located in Central New Jersey and in Camden County. This wonderful business opportunity has a consistent net yearly income with continued growth. This business can be relocated anywhere the new operator prefers. This well-known concrete company is among the premier concrete construction companies in Central New Jersey. Backed by skilled workers and an unparalleled dedication to quality and longevity the company is known as the number-one choice for quality concrete and masonry. Their commitment to customer service and client satisfaction is equal to their determination that every project be completed to perfection. They offer numerous services, such as decorative stamped concrete, concrete driveways, concrete sealing, drain tile, bricklaying and more. This is a dependable safe business opportunity and offers owner financing.

Listing Details

Revenue: $618,751

Cash Flow: $170,000

FFE: $140,000 (Included in Price)

Inventory: $2,500 (Included in Price)

Reason For Sale:

The purpose of this business transaction is due to the owner retirement after many years in this construction industry.

Training & Support:

The owner will remain post-closing and is prepared to supply an appropriate transitional period to the new owner / operator.

Operation

Year Established: 2000

Days & Hours of Operation: This successful concrete construction company operation is active five days per week, with hours from 8:00 am to 5:00 pm, however based on the particular job description, work hours are often adjusted.

Employees: This construction company consist of seven full / part time employees who are unaware of the pending sale. The payroll is primarily based on an hourly basis, the staff is fully expected to remain post-closing, and the monthly payroll expense is approximately $9,900.

Location

Security on Lease: Two Months

Lease Option: Yes additional options.

Monthly Rent: TBD

Square Footage: 1,000

Relocatable?: Yes

Facilities Information:

The company is located in Camden County as a home-based business and must be relocated to any new facility. This opportunity is in Central New Jersey, which consists of various highly populated communities with continued demand for this service.

Summary

Owner Qualifications:

For Qualifications purposes, this business opportunity and industry does not require government licensing approval to purchase or operate other than the standard required municipal state licenses.

Competition:

To the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.

Potential Growth:

The business opportunity can be further expanded by the new operator by improving the existing marketing plan and the required local advertising. Additionally, the company has a limited poor non-optimized web site and if adjusted can further develop the business yearly gross sales.

Financing/Terms:

Also, seller financing may be available to a qualified buyer with an appropriate down payment, collateral, and credit rating.

Ron Cervelli

contactus@regalconsultants.com

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