Description:
EXCELLENT ROI. This Company provides poured concrete construction services primarily in the commercial building trades to either the real property owner or to a general contractor overseeing the entire job. They distinguish themselves from the competition by their ability to be competitive on the smallest repair job to very large new commercial structures. The sales and reputation of the Company are strong enough to warrant interest by any number of individuals or groups whose strength could be either in management, sales or marketing. Some knowledge of building trade is a plus, however, with the workforce, a new owner could fit into any number of positions in the company. Any purchaser should have a minimum of $150,000 in cash and good credit to be able to finance this acquisition. Owners health prevents full participation currently. A purchaser should also have the ability to qualify for a line of credit to support the receivables being carried. Currently jobs are being done anywhere from Western PA to NE Ohio. This operation is in the heart of one of the major populated areas of the entire country. It is centrally located between Cleveland and Pittsburgh and the office is adequately equipped with desks, files, a phone system, modern computers, a fax machine and a copier. A list of the equipment is also available upon request. We have estimates of values which indicate that, at today's replacement value for items in similar condition, the total value exceeds $400,000. The current backlog exceeds $2 Million.
Please refer to listing ID: 104-2639
Industry / Segment:
Services / Building and Construction Services
Geography:
USA, OH, NE Ohio, Western PA
Relocatable:
This business is relocatable.
Franchise:
This business is not a franchise.
Home Based:
This business is not a home-based business.
# Employees:
Full Time: 10; Part Time: 15
Facilities:
A 9,000 square foot facility is leased at $1,200 per month. The owner has been renewing this space on a year to year basis.
Market Outlook:
This company is one of the largest in its field between Cleveland and Pittsburgh. One of the company s strengths is its financial stability and ability to handle all aspects of the job. Some of the competitors do not have the credit to buy materials for a job and must bid it requiring the owner or general contractor to pay for all materials. Many jobs require the use of union labor and this also gives this company an advantage.
Mgmt. Training / Support:
Included in the asking price of this opportunity, is a minimum of one month of training is available from the seller to the purchaser.
Reason For Selling:
Other business opportunity.