PENDING SALE: Rock Solid Concrete Business

Clark County, WA

Seller Financing Available

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Sale Pending
Asking Price:$1,800,000
Gross Revenue:$2,990,024
FF&E:$322,739
Cash Flow:$776,070
Rent:$2,000/Month
Established Year:1994
BUSINESS DESCRIPTION

ACCEPTED OFFER: This concrete construction business has been successfully operating for decades and has enormous growth potential. Almost entirely residential new construction, this company is trusted by the biggest homebuilders in the Pacific Northwest. They focus on concrete "flatwork", including garage floors, front porches, driveways, patios, steps, stairs, sidewalks, approaches, city walks and curbs. This is considered "production style" work as the company does not pour the foundations. Seller financing available with 60% down. Best fit is a boot-on-the-ground owner with construction/concrete background. Enormous growth potential detailed in the Confidential Business Review. An NDA is required and please provide your source of financing/down payment amount. Qualified buyers only, please.


DETAILED INFORMATION
Location
Clark County, WA
Inventory
Not Included in asking price
Real Estate
Leased
Employees
12
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business operates on a 1/2-acre lot that is owned by the seller and is available for lease at $2,000/month. Fully fenced, locked gate. Property not for sale.
Competition
This company is well established and has recurring business based on long-established relationships. Barriers to entry exist and are detailed in the confidential business review. The reason for the new construction focus is that business is booming in this company's niche. They can easily pivot to other areas of the market, if necessary.
Growth & Expansion
Enormous growth potential detailed in the confidential business review.
Financing
Negotiable, but seller would like 60% down, 7% interest over 3 years.
Support & Training
Negotiable depending on buyer needs.
Reason for Selling
The owner is retiring and moving out-of-area.
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Anthony
Wright
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Anthony Wright