Established Concrete and Masonry Contractor. Growth Opportunities !

Asking Price$700,000

Cash Flow
$296,530
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$560,387

Inventory$3,000
Included in asking price
FF&E$210,000
Included in asking price
Real EstateNot Disclosed

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Established Concrete and Masonry Contractor. Growth Opportunities !


Asking Price$700,000

Cash Flow
$296,530
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$560,387

Inventory$3,000
Included in asking price
FF&E$210,000
Included in asking price
Real EstateNot Disclosed

Business Description
This 28-year-old concrete and masonry contractor has been providing quality concrete, brick, block and stone masonry work to residential and commercial customers in Northern Virginia. Whether replacing old or damaged work, or creating something new, the business has the skills, craftsmanship, and professional follow through to make the project come out great. And it stands behind the longevity of its work with a warranty.

Top-rated in the Angie's List and BBB Accredited, the business has a higher level of trustworthiness. It helps a client plan, design, and execute any type of concrete, brick, block or stone masonry project. The business is the expert in building concrete driveways, stone patios, brick steps and walkways, exposed aggregate porches, garage floors, stone walls and more. The business maintains excellent relationships with suppliers, vendors, and masons that there is enough work to keep 2-5 crews busy throughout the year.

The owner works 20-25 hours a week. The current contract revenues are approximately divided between residential customers (90%) and commercial customers (10%). During 2023-2024 the owner has been taking extended time off to attend personal matters. This is a great opportunity to acquire a well established business at a great price.

Previous Three Years
2024: $476,236 Construction Income/Revenue
2023: $360,008 Construction Income/Revenue
2022: $853,916 Construction Income/ Revenue
About the Business
Years in Operation
27
Employees
2
Currently Relocatable
Yes
Facilities & Assets
The business operates out of a space of 3,456 SF from a building of 2,560 SF (40’ x 60’ wide) with an 896 SF (14’ x 60’) mezzanine with three (3) roll-up doors. The building, listed separately, is owned by owner, who pays for all the maintenance and extraordinary expenses of the property.

Estimated annual capital expenditures of $25,000 are needed for maintaining company operation; all current infrastructure is in place. A total of $235,000 FF&E is included in the sale.
Market Outlook / Competition
The current contract revenues are approximately divided between residential customers (90%) and commercial customers (10%). The business stands by its products. With its name and reputation and 26+ years serving Northern Virginia along with its quality of work and warranty, it has set itself apart from the competition in the marketplace.
Opportunities for Growth
The business’ potential opportunities are real by developing a marketing strategy that involves repeat customer satisfaction, and that explores new opportunities in other untapped sectors, such as highly specific general contractors and design/build firms who are looking for concrete and masonry subcontractors. There is room for high ticket projects like walkways, driveways, patios, chimneys and other custom work. There is an opportunity to hire additional staff and offer additional products and services.
Real Estate
Owned or Leased
Owned
Not included in asking price
About the Sale
Seller Motivation
After 27 years of success in the business, the owner is ready to retire.
Transition Support
The owner and tenured employees are very knowledgeable in the business and will provide training and transition to ensure the new buyer has all the tools to be successful.
Listing Info
ID
2027113
Listing Views
4698

Contact Seller

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Business Listed by: Roy Liu Potomac Network

Listing ID: 2027113 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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