Description

Columbus is projected to be on the current build pace for the next 6-8 years and is habitually listed in the country's top 10 for construction. While specializing and reproducing long term contracts with Ohio's top track home production builders, this concrete contracting company offers residential concrete flatwork pouring and finishing. Using new technology and equipment (all trucks, tools, materials and equipment are less than two years old) has allowed the business to increase production while lowering labor costs and job time. Many concrete companies face seasonality issues and halt activity in the winter months, but the owners have techniques and contracts in place which guarantees continuous work year round. Having constant work ensures key employees remain with the company. Less turn around for essential personnel results in lower labor costs and more consistent project quality. The majority of work currently is with new home building with a smaller percentage focused on custom homes and remodeling, which are great fill-in work and generates extra cash flow. In place are several long term contracts, lasting between 3-4 years in many subdivisions. Marketing is unnecessary to continue current revenue/production. However, a new owner could easily expand the business with marketing campaigns. There is a direct marketing plan in place which could generate roughly $150k-$300k extra in the remodel arena. Current owner's work week averages about 20 hours per week, nevertheless, the new owner will want to spend more time in the business initially to appreciate and understand the business fully. This is a "move-in" ready business with multi-year contracts, new equipment, and experience employees already in place.

Posted Nov 8, 2016

Did you know that social networking is a great way to buy a business? Sign up now and we'll show you how.

By clicking "Sign Up" you confirm that you accept the Terms of Use and Privacy Policy, including cookie use.

Disclaimer: MergerNetwork has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.