MergerPlace

Demolition and Salvage

Florida (Miami-Dade)


  • Asking Price: $2,000,000
  • Gross Income: $3,358,828
  • Cash Flow: $667,501
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $500,000
  • Listing ID: #225611
  • Established: 1994
  • Employees: 7 FT

Business Description

Special, rare opportunity to acquire a highly reputable and profitable "Demolition and Salvage" business in Miami, available now for the right person after a successful 27 years in operation. The business provides Demolition services to both high level commercial and residential clients throughout South Florida.
The operation also handles the scrap metal and resells it as salvage to several vendors. Seller has enjoyed consistent regular volume and has been satisfied. Many opportunities exist to grow this volume to even a statewide structure by aggressive bidding, further marketing efforts and expansion throughout Florida. Seven key employees stay on board, three field estimators/supervisors handle and manage 35 field workers. Seller handles the General Manager role and oversees estimating and operations. Right hand man, trained from the ground up, several years experience stays on board. Early retirement and interest in Property Management motivates sale. Seller owns property/yard for equipment and office structure, will negotiate lease for new owner if they wish to keep business at the current location. Seller financing available. Accounts Receivables in the $250k- $300k range stay with the business, transfer to new owner. New owner assumes $10,500 month capex on recently acquired equipment. Exciting and profitable! High demand for this service in growing Florida market.


Business Details

Primary Business Category: Construction - Heavy
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: $2,000,000
Gross Revenue: $3,358,828
Cash Flow: $667,501
FF&E: $500,000
Seller Financing Available: Yes

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 government work would help as well.

Competition:

There is competition, however, this establishment is ranked high in the 'Blue Book' of Construction. Very good reputation 27 years.

Reason for selling:

Seller looking at early retirement to be with and spend more time with his two daughters. Looking to focus on property management - of his own holdings (RE). Will consider staying on as a 'consultant'.

Support & Training:

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

Contact Business Seller

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Business Listed By:

Edwin Pena

Murphy Business Brokers