Details
Asking Price: |
$2,720,000 |
Annual Sales: |
$4,170,000 |
Cash Flow: |
$870,000 |
Inventory: | N/A |
FF&E: | $1,000,000 |
Real Estate: | Lease |
Employees: | 2 FT Owner 16 FT |
Location: | Front Range of Colorado |
Reason For Sale: | Retirement |
Business Description
How would you like to own a business in an industry that is recession and pandemic resistant, has been on an uninterrupted growth trend for years and is projecting 5.1% annual growth for another decade? Infrastructure of all kinds is always deteriorating and in need of repair and replacement. Population growth always demands more infrastructure. Most importantly roads and highways are the industry segment we have the most contact with on a daily basis.
This northern Colorado front range company has over 25 years of experience in providing quality new and replacement roads and parking lots for institutions and developers. 2020 was their best year ever to that time and they are still growing from there. With an experienced management team already in place it would be hard to fail as the new owner. Reputation is their primary marketing tool.
If you have management skills and are looking for a fantastic opportunity to put them to work for you instead of someone else, this could be your decision of a lifetime.
Represented by Ben Mahrle. Tell me more about this business.