Incredible Concrete Business
James City County, VA
Asking Price :
$ 7,250,000
Cash Flow :
$ 2,000,000
Gross Revenue :
$ 6,000,000
Inventory :
$ 100,000
FF&E:
$ 1,250,000
Year Started:
1995
Business Description
This concrete business that specializes in interstate highway concrete and pavement repairs has had a stellar reputation for over 30 years. They also offer other services like drainage structures, previous concrete placement, stamped concrete, and commercial site concrete. They are well entrenched in their sector of the industry but there is certainly room to grow. They currently serve several counties but that area could easily be expanded.This family owned business comes with an excellent team of twenty trained professionals including a field superintendent and two foreman that will stay on with the new owner. All employees have been with the company for at least ten years or more which speaks volumes for the company’s culture. The current owner is ready to retire but he is willing to stay on to train and ensure a great transition.
This business comes with a 3.5 acre lot where the $1.25M worth of equipment is stored. This specialized equipment is in great working condition. The opportunity to acquire a well established business that runs efficiently and specialized in this sector doesn’t come available very often, so act fast! The owner would prefer to sell to someone with concrete or general construction experience. His legacy is important to him so it is imperative that he transfers his company to someone who will treat his loyal employees like family. Only serious buyers with experience and financial backing should apply.
Detail Information
Location: James City County, Virginia
Inventory : Yes Included in asking price
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Real Estate For Sale
Building SF : N/A
Real Estate Value: $ 250,000
Is Real Estate Included in Asking Price?: Yes
Employees: 20
Year Established: 1995
Reason for Selling: Retiring