Details
Asking Price: |
$1,200,000 |
Annual Sales: |
$3,779,000 |
SDE: |
$600,000 |
Inventory: | N/A |
FF&E: | $692,000 |
Real Estate: | N/A |
Employees: | 1 FT Owner 14 FT |
Location: | Larimer County |
Reason For Sale: | Other Business Interests |
Business Description
This company builds concrete roadways, curb and gutter, and bike paths. The local area is growing rapidly and older streets are being upgraded to meet public demand for ADA improvements (American with Disabilities Act). Clients include local governments, large civil engineering firms, and developers. The company has modern equipment and an agile staff.
What’s wrong with this photo? If you look closely, you’ll see that there are no concrete forms in place ahead of the machine, and you will also notice there isn’t a large crew of people ahead of, or behind, the forming machine. The company owns many different machines for different applications, which demonstrates a strategic investment that reaps many rewards.
This very young company (only 7 years old), has grown and profited because of its core beliefs and a strategic plan. They believe that employees should be retained through the slow season, and that better equipment will reduce labor costs and will attract better employees. There is a heavy investment in automated equipment.
Where many other firms may have large teams of lower-wage employees, this company deploys a very agile and highly skilled team. As they have grown, they have increased their capacity to take on much larger jobs with less competition. Today, they can deliver individual jobs that are larger than their annual revenues of just a few years ago. Their reputation is stellar with their highly recurring clientele. Word-of-mouth advertising not only reaches new clients, but it also spreads among the workforce, thus attracting skilled supervisors.
Represented by Bill Scott. Tell me more about this business.