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Masonry Construction Services

Location  California,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $360000
Net Profit / Cash Flow  $161000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1978
Number of Employees  6 - 9
Inventory  750000
Relocatable  Yes
Number of Employees  6 - 9
Real Estate  Leased
Training  Employees are called in as needed on a job to job basis. This pool of skilled laborers will most likely still be available to the new owner after the sale. The owner has agreed to remain for a reasonable transition period to acclimate the new owner.
Reason for Sale  Retirement.
Description  This company has been offering masonry contracting services for 35 years. The majority of their revenues is from commercial accounts, however they do offer residential services as well. The company excels in all types of masonry work including brick, stone, limestone, cast stone, concrete block and glass block. Additionally, the company is known for retaining walls, patios and fireplaces. It peruses independent contractors for most of its secured contracts primarily with local and regional governmental agencies. Supported by a long history of successful masonry projects, this burgeoning business is poised for continued growth and profitability in its local and regional area. The current owner is facing a well-earned retirement and hopes to see the business passed on to a new executive. 90% of the primary revenues are derived from commercial accounts. The company is connected to multiple general contractors who take in bids and submit them for commercial jobs. This business has worked on many public facilities, mostly laying blocks. Some examples include: firehouses, schools and office buildings. This strong business fills in the other 10% through residential masonry work. The well-trained employees have years of experience that shines through in all of their projects, big or small. Instead of employing a full time staff, the business has pooled together a group of skilled laborers which they call on a job-to-job basis. This system is beneficial for both company and crew by saving money and time. For more information on this listing, please contact us today. All inventory, equipment and three Ford Trucks are included in the sale. 60% of clients are contract or repeat customers. 3/4 acre lot includes a leased office trailer with three offices and low rent base. There is an 8x20 storage pod on site and plenty of work space. This central location is easily viewed from a major highway. The business can be relocated within 100 mile radius. Asking $850,000.
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