MergerPlace

Demolition and Salvage

Florida (Miami-Dade)


  • Asking Price: $2,250,000
  • Gross Income: $4,229,536
  • Cash Flow: $805,030
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $400,000
  • Listing ID: #201052
  • Established: 1994
  • Employees: 7 FT

Business Description

Highly reputable and profitable "Demolition and Salvage" business in Miami available for the acquisition for first time after a successful 23 years in operation. The business provides Demolition services to both high level residential and commercial clients throughout South Florida. The operation also handles the scrap metal and resells as salvage to several vendors. Seller has enjoyed consistent regular volume and has been satisfied. Many opportunities exist to grow this volume by aggressive bidding, further marketing efforts and expansion to SW Florida. Seven key employees stay on board, three field estimators / supervisors handle and manage 35 field workers. Over $400k of assets transferred. Seller handles the General Manager role and oversees estimating and operations. Early retirement and interest in Property Management motivates sale. Seller owns property and building, will negotiate lease for new owner if they wish to keep business at current location.


Business Details

Primary Business Category: Contractors - Special Trade
Location: Florida
County: Miami-Dade

Company Information

Year Established: 1994
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 7 FT

Financial Information

Asking Price: $2,250,000
Gross Revenue: $4,229,536
Cash Flow: $805,030
FF&E: $400,000
Seller Financing Available: No

Property Information

Facilities:

Commercial land with office owned by seller- approximately 1700 office under air plus storage of another 1000 sq feet of land where equipment is when not at job site - approximately .33 of acre. Real Estate not for sale. Lease terms and conditions to be negotiated.

Growth & expansion opportunities:

Increased marketing and social media could increase volume for a new owner along with a special 'bid coordinator" focused on bids and other govt work would help as well.

Competition:

There is competition, however, this establishment is ranked high in the 'Blue Book' of Construction. Very good reputation 23 years.

Reason for selling:

Seller desires an early retirement to be with and spend more time with his two daughters. Looking to focus on property management - of his own holdings (RE).

Support & Training:

Will train for 4 weeks @ no cost. Demolition work and salvage resales.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Edwin Pena

Murphy Business Brokers