Parking Lot Construction Business with Great Reputation!
ConstructionFor Sale in FL
Financial & Assets Details
About the Business
Construction company specializing in parking lot repairs, with services ranging from concrete, asphalt, ADA updates, sealcoating, hot crack filling, striping and stenciling signs, speed bumps, and car stops. Headquarters being a home-based property near the Gulf Coast of Central Florida, the residential lot extends to four acres and is open for purchase or the business can be relocated. The business building measures 1,920 square feet and features an office, a production area, warehouse space, and plenty of room for the storage of trucks, vehicles, and equipment. Strategic marketing efforts focus on targeting potential clients, proven effective by creating a 60% share of all new customers being referred, and becoming 90% of their entire base. Benefited by a track record of sixteen years since their inception in 2003 and a skilled personnel of eight nonunion employees with field experience. Company presents several growth opportunities for an ambitious buyer looking for a promising return on minimal capital investment. Currently projecting a pro forma of $2,000,000 in gross sales and Seller’s Discretionary Earnings of $327,099 for 2020, showing an average annual increase of 25%. This is a buy-back looking to re-sale. The company has purchased over $450,000 of new equipment in the past 18 months.
Financing can negotiable for the right buyer.
Support & Training
Key employees will most likely stay on after the sale and owners available for transitioning.
Reason for Selling:
Approaching retirement and/or pursuing other interests.