SOLD!
Details
Asking Price: |
$399,000 |
Annual Sales: |
$664,000 |
Cash Flow: |
$240,000 |
Inventory: | $1,650* |
FF&E: | $61,625* |
Real Estate: | N/A |
Employees: | 2 FT Owners 2 FT / 4 PT |
Location: | Northern Front Range |
*Included | |
**Not Included |
Business Description
For 22 years, this business has specialized in custom, decorative concrete work for general contractors, landscape contractors, commercial properties, and home owners. One of the company’s greatest strengths is its relationship with and continuing business from commercial customers that account for 66% of sales. Several of these firms direct multiple projects to the business each year. The top five repeat customers have accounted for $749,360 in sales over the past sixteen years.
Demand for services is at an unprecedented high. The Owners estimate that for every two projects that they complete, there is another that they choose not to undertake or simply cannot fit into their schedule. The value of the available additional market share is estimated at $300,000 annually. A buyer who wishes to continue operating the company in the same manner will inherit an excellent book of business that is primed for expansion. Or, an existing concrete contractor could find expanding into the Boulder area very attractive. In addition, the company would be a strong addition to an existing general or landscape contractor or similar operation.
Represented by Phil Loughman. More information here.