High-Grossing Concrete Contractor with Great Reputation! (37766)

Financial & Assets Details

About the Business

Business Description

Serving Florida since 2014, this experienced trade contractor provides road construction, concrete flat work, and underground utilities such as lift stations and shoulder/ditch restoration pumps among other products. Offering a one-year warranty on labor, listing specializes in 3-year government applications with projects that include sidewalks, driveways and curbs, as well as underdrains, retaining walls, and retention ponds. Boasting up to $40.5 Million in upcoming contracts and big jobs currently pending, this ideal financial opportunity comes with Accounts Payable and is ripe to expand with new strategy optimizations including an extended service area. As marketing efforts only focus on the referrals backed by a large and recurring customer base, their contractual agreements, and overall quality work, strong growth potentials exist in using aggressive advertising. Company increased Revenues by 28% to $10,074,000 in 2021 from $7.8 Million in 2020, alongside Seller Discretionary Earnings of $1,088,000 due to building strong reputations with their county through quality work and competitive bidding. A reliable personnel of five nonunion employees agree to remain post-sale, with two supervisors running streamlined subcontractors, making the business ready for a smooth standard transition of three months. Commercially zoned, the office unit of 1,150 square feet is located in a building owned by the seller. The facility is available for purchase as well and features an ample parking lot.

Growth & Expansion

Boasting up to $40.5 Million in upcoming contracts!

Seller Financing

Negotiable up to 20% for the right buyer.

Location Details:

Features current Receivables of $927,878 and Other Assets valued at $783,522!
Property is available for outside purchase!

Support & Training

Owner Transition period of 3 months.

Reason for Selling:

Approaching retirement and/or pursuing other interests.