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Concrete Pumping Business – Sold

Price: $1,600,000

Annual Revenue: $1,200,000

Net Cash Flow: $600,000

Industry: Construction

Location: New York

This company has been sold.

The Company was established 25 years ago. The owner is ready to retire. This company offers a reliable concrete pumping alternative to the traditional methods. Using this method can reduce cost and time verses the alternative which is hard labor. The pumping option is advantageous as it allows access to those hard to reach places that a concrete truck cannot reach!
• Crawlspaces
• Pool decks
• New construction, including footings and walls
• Radiant heat floors
• Additions
• Work with Styrofoam contractors
• Slabs
• Footings
• Walls
• Mezzanines
• Inside work, including floors

The team can handle any size job, no matter how big or small. Highly skilled crew is very reliable and they treat customers with the best service possible. The workers specialize in Isolated Concrete Forms (ICF) and any concrete pumping needs in the tri-state area. The commercial concrete pumping services is ideal for all types of construction. From condos and townhouses to apartment buildings:

Equipment included with the sale: 4 specialized trucks worth over $1,000,000.00:

Real Estate: Option to buy their commercial property for $1,000,000. Or could lease the property with option to buy.

Listing Details

Training & Support:

Owner will stay on for a period of 3-6 months or as needed.

Summary

Potential Growth:

This business has seen large growth over the past 2 years. The owner invested in two additional large trucks to meet the increasing demand. The increasing activity in the housing sector provides a great potential for substantial growth.

Financing/Terms:

Will provide some financing to qualified buyer with 60% down payment

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