MergerPlace

Concrete Restoration

Florida (Broward)


  • Asking Price: $500,000
  • Gross Income: $1,243,752
  • Cash Flow: $208,485
  • Real Estate: Not Disclosed
  • Inventory: $10,000
  • FF&E: $325,000
  • Listing ID: #205168
  • Established: 2001
  • Employees: 4 FT

Business Description

This business is a well established operation (17 years) which offers full ‘Concrete Restoration’ Services to both Commercial and Residential clients. Services include: Structural Concrete Repairs, Balconies and Walkway Repairs, Parking Structures, Waterproofing and Membranes, Cement Grouting, Cement Stabilization, Penetrating Sealants, Crack Repair, Seawall Work.
The company has a full team in place. There is an Estimator, Project Manager, a Shop Coordinator that is in charge of materials management, one Dispatcher/Scheduler that also handles all admin duties and the Owner. Labor as needed is secured on a job by job basis through an independent company.
The owner operates as ‘overseer’ of the company and firsthand takes charge of customer relations and follow up when necessary. It is not often that the owner needs to appear at the jobsites. The crew knows what to do and completes the work in timely fashion and to high customer satisfaction levels.
Some clients include – Condo Associations, GC Companies, Engineers, Building Management. There is a great upside with future marketing, as the business obtains most of its clientele from referrals, flyers and a website that can be improved immensely.
There is currently more work than what the owner wishes to take on.


Business Details

Primary Business Category: Contractors - Special Trade
Location: Florida
County: Broward

Company Information

Year Established: 2001
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 4 FT

Financial Information

Asking Price: $500,000
Gross Revenue: $1,243,752
Cash Flow: $208,485
FF&E: $325,000
Inventory: $10,000
Seller Financing Available: Yes

Property Information

Facilities:

Office Condo on main road in Deerfield Beach. Nearby warehouse stores vehicles and all equipment when not at the jobsites.

Growth & expansion opportunities:

Unlimited growth in both the base business of 'Concrete Restoration' and the opportunity for 'Concrete Coating'. A "Business Development" person would be a great addition to this business.

Competition:

Industry is booming. All up and down the east coast of Florida and the US there is opportunity to "restore" concrete which in time is affected by the salt air and the elements in general. There is competition, but there is also tons of work to get to.

Reason for selling:

Semi Retirement and move toward other less intensive industry.

Support & Training:

Will train for 4 weeks @ no cost. Working knowledge of construction is idea. GC license qualifier in place will qualify individual(s) with related or construction experience.

Contact Business Seller

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Business Listed By:

Edwin Pena

Murphy Business Brokers