Details

 

Asking Price:
 $800,000
Annual Sales:
 $2,300,000
Cash Flow:
 $426,000
Inventory: 30,000
FF&E: TBD
Real Estate: N/A
Employees: 11 FT 
Location: Northern  Colorado 
Reason For Sale: Retirement

 

Business Description

Highly reputable concrete company based in a destination mountain community with quick access to the Front Range.  This company performs everything concrete related from foundations to custom flatwork. $2-3M in pipeline has been secured via “handshake deals” in one subdivision alone which will continue for 2-3 years.  Repeat clients include residential and commercial GC’s as well as a large federal agency which provides continuous opportunities for work. Work is already performed in nearby Front Range towns so expansion into these markets is not unreasonable.

The company employs 10 concrete laborers and one full-time office administrator. The owner works full-time in the business directing work on-site and would need to be replaced with a skilled concrete foreman.  The owner is willing to stay engaged in training of the buyer and/or new foreman for up to one year if necessary.

Included in the sale is heavy equipment, vehicles, miscellaneous tools, formwork and supplies utilized in operations of the business as well as office equipment.

This company offers the opportunity to carry forth an outstanding reputation entrenched in a local mountain town community, with the flexibility to grow in higher volume markets only a short distance away.  As a strategic acquisition this business would provide a solid foothold in the local market which is difficult to break into.

Represented by Tre Scott. Tell me more about this business.

Disclaimer: All information contained herein has been provided by the subject company, or its agent, to Front Range Business, Inc. (FRB); and while believed to be correct, said information has not been verified. AccordingTell Me More About 2801 Interior Design, Staging And Remodeling Company ly, FRB makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that FRB shall not be liable in any way for any loss or injury suffered by said recipient in connection with the delivery by FRB of this information. At all times, FRB is an agent for the seller and not for the buyer, unless a specific agreement exists for FRB to act as the buyer’s agent.