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Established Concrete Contractor Close To Walsh Ranch For Sale

Texas, US
Asking Price:
$7,180,000 (USD) Furniture / Fixtures included
Sales Revenue:
$12,203,539 (USD)
Cash Flow:
$1,946,168 (USD)

Large concrete contractor that primarily works with residential builders. The business was started in the mid-2000s and has grown to be one of the largest concrete companies in North Texas. 2019 has been a game-changing year, with the fat being trimmed the company is now lean and cash flowing like never before. Sales have increased, as well as margins. The owner was heavily involved in the early years, but has since put supervisors and managers in place so the business can be ran without an owner. There is currently one general manager running day-to-day operations and three supervisors over their own crews.

Property Information

Real Estate:

Lease

Premises Details:

The current facilities are not included. There is a brick and mortar location, but the owner believes the business can be operated without a physical location.

Business Operation

Expansion Potential:

The business is center in an area that is having drastic economic growth and with the Walsh Ranch development under way they will continue to grow. From 2018 to 2019 the company has shown how it has matured over the years, and has leaned out for future growth.

Competition / Market:

There are some larger competitors in the DFW area, but the region the business currently services is not nearly as competitive, there are a two smaller local competitors in the region. It is also located in an area with large developments being built daily, so there is plenty of residential and commercial work to go around.

Reasons for selling:

The owner wants to pursue some other opportunities in other industries and felt they have built the company to as big as they would like to manage.

Trading hours:

Monday-Friday 8am-5pm

Employees:
9 FT
Years established:
12

Other Information

Support & training:

Will train for 4 weeks @ no cost.

They mainly service residential builders, but are also equipped for larger commercial jobs. There are no license required, but anyone with an understanding of construction and contracting can step into the business and learn the trade by the time their training is over. The current owner believes that operations can be ran without a new owner even being involved (absentee owner).

Furniture / Fixtures value:
$580,787 (USD) - included in the asking price
Relocatable:
This business can be relocated.

Contact Information

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