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Eastern Concrete Polishing

Holden, MA
Asking Price:$3,525,000
Gross Revenue:$1,000,000
Rent:$1,500/Month
FF&E:$400,000
Cash Flow:$1,000,000
Inventory:$125,000
EBITDA:$440,000
Established Year:2012
Listing ID: 2313843Listing provided by BizBuySell
BUSINESS DESCRIPTION

#1 Concrete polishing company in New England

Eastern Concrete polishing has been the premier concrete polishing company in New England for 11 years. With an extensive contractor list and hundreds of repeat customers the work flows even with no advertisement. Our techniques are unique for the industry, making our floors head and shoulders above the competition. We are number one on page one in google after paid ads. 1600 projects completed since inception. Reliable experienced workforce. Enough equipment for four full time crews. Growth Potential is unlimited. We have grown 20 % per year for a decade, and could expand easily more with the right owner. Years of refinement with equipment, products and labor have brought out profit margins to 40-42% annual. Selling for health reasons

DETAILED INFORMATION
Location
Holden, MA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,000
Lease Expiration
01/01/2027
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Leased 1000 sq ft high ceiling 2022 ford transit 2500 high top 177’ we equipt with winch, shelving, ramp, set up for polishing, 30k miles warranted 1 more year 2016 Mercedes sprinter high top 177’ we equipt the same 130k miles warranted 40 more months 2 Sase 8000 planetary grinders 2 Sase 6000 planetary grinders 2 Sase bull 300 self bagging vacuum 2 Sase bull 240 self bagging vacuums 3 tri motor self bagging vacuums 1 extreme vacuum 1 wet vacuum Two burnishers Two autoscrubbers Tools and grinding tooling to long to list, $100,000 of inventory
Competition
Excellent typically 4-6 weeks out
Growth & Expansion
Unlimited
Support & Training
Will train for 60 days, will give phone support for 180 days
Reason for Selling
Health reasons
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Scott Norris
Phone Number
Scott Norris
Call Phone