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Commercial Concrete Finishing Company for sale

Price: $8,795,000

Annual Revenue: $16,350,000

Net Cash Flow: $2,840,000

Industry: Construction

Location: Virginia

First time offered for sale – after over 20 years of business, the seller is ready to retire. This company specializes in Concrete finishing, polishing, painting – new construction, repair, renovation, and cleaning in the Mid-Atlantic Region. The company is positioned as the go-to contractor in the market.

The company has many long-term customers that provide the company with a steady flow of work. The company maintains a robust backlog and has the capacity to take on 30 to 40% in additional work with the existing management and employee base.  Further growth can be achieved by offering complementary services or expanding the geographic footprint. The company carries an average backlog of $5.5MM at any given time.

Present ownership has established a solid experienced management team and has delegated daily operations to the management team. The owner functions in a CEO/CFO capacity and will remain with the organization to ensure a smooth and orderly transition to new ownership. Equipment included in the sale is valued at approximately $500,000 – fair market value – orderly liquidation method of appraisal.

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