Details

Concrete Contractor

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.

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. Accordingly, 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.