Concrete Construction Company - Business Booming
Location Texas,United States
Asking Price Range $10.0M - $20.0M
Gross Revenues $40115680
Net Profit / Cash Flow $7454276
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1978
Number of Employees 10 - 19
Inventory 1721927
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training The seller will provide paid transition training/consultation for an agreed period of time.
Reason for Sale Owner is retiring.
Description This company has been doing business for over 20 years specializing in elevated concrete deck work, structured concrete parking garages, mid-rises, condominiums, apartments, and paving. The company uses the latest technology in all aspects of work including pre-manufactured forming systems and aluminum scaffolding systems. The company generated over $7.4 million of cash benefit for the owner in 2007 and while not as strong, 2008 will generate another $5 million in owner benefit. This company serves commercial and industrial construction markets, and has become well-respected on projects in the states of Texas, Florida, Louisiana, Arkansas, Pennsylvania, Tennessee, New Mexico, Arizona, Kansas, Missouri and Colorado, to name a few. With a stable team of very experienced personnel they offer some of the most experienced and reliable service in the industry.
Aggressive field installation and management, on-time completions, and price consciousness set this business apart from the competition, in addition to ongoing contracts with some of the largest builders in the nation. Decades of experience, breadth and depth of equipment and services, devotion to customer service and broad geographical reach have created significant competitive advantage. This construction company has an established reputation for exceptional service, and is characterized by a competitive spirit and over 20 years of demonstrated effective execution. The current owner is retiring and looking for a Buyer that is ready and capable of continuing the growth.
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