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Rapidly Growing Concrete Contracting Business Near Calgary - Ref #8008

$650,000.00 (Cdn)

Rapidly Growing Concrete Contracting Business Near Calgary - Ref #8008
 
Business Location: Alberta
Postal Code: T0A
Relocatable: No
 
Business Categories:
Construction & Renovations
Contracting Trades
 

  BUSINESS  FEATURES  

Business Overview

Activity: Thriving concrete contracting business specializing in various aspects of concrete construction, finishing, restoration and repairs
Clientele: This business caters to residential, commercial and industrial clients

Deal Highlights

Inclusive Assets: Purchase price includes Inventory, Equipment and Vehicles valued approximately at $400,000
Flexible Financing: Limited seller financing, up to 10% available, for qualified buyer(s)

Revenue : $1,075,000
Asking Price: $650,000
Ref: 8008
Location : Alberta - Southern


FINANCIAL INFORMATION

Financial Snapshot

Robust Revenue: Revenue for 2023 is approximately $1.1 million and as per seller is projected to reach $1.3 million next year
Strong Earnings: Sellers Discretionary Earnings for 2023 is an impressive $319,000 approximately

Human Resources

Skilled workforce: Currently, the business employs 4 FT nonunion workers, excluding the Owner
Owner Roles: The owner is currently responsible for Overseeing operations, Sales and Purchasing


MARKET & COMPETITION

Competitive Strengths

Organic Growth: Thriving on reputation, the business has flourished with minimal marketing, mainly relying on word of mouth, offering ample growth opportunities for the new owner.
No Competition: The business enjoys a unique position with very little competition in the area

Transition & Future

Smooth Handover: Current owner is willing to stay for a reasonable period to ensure a seamless transition


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