Business Description: Providing full service concrete
contracting, this team can pour concrete when the temperature is above 20 degrees,
reducing the non-working days significantly.
They can complete most of the concrete work on a site from excavating
and pouring footings to pumping concrete to form 60-foot walls. Meeting a customer’s needs both large and
small, projects range from $100,000 - $1,500,000.
Distribution: Currently working with schools, including
Purdue University, there is exponential room to increase contracts in this
sector. They have completed projects
such as student housing apartments and increasing the relationship with the
school could open doors to continued long-term opportunities.
Operational
Strengths: This midwestern headquarters has been fairly buffered from recent
recessions and economic downturns. Business is located on a single, large
3-acre property. The main building has
4,500 square feet of space and contains the office and the main shop. There is also a stand-alone shop with 2,500
square feet of open space. An additional
200 ft long by 15 feet deep lean-to storage area is available for use. This
business operates within an 80-mile radius of their headquarters. Will work in
both small and large cities within their operational range.
The Transaction: The owner will stay on for 3-5 years
post close. With Agreement
Financial Summary
(000s)
|
|||
2018 Est by
Seller
|
2017
|
2016
|
|
Revenue
|
8.5 M
|
7.4 M
|
7.2 M
|
Adjusted
EBITDA
|
700 k +
|
1.1 M
|
1.0 M
|
Other Highlights
|
||||
Location
|
Financials
|
Management Team in Place
|
Years in Business
|
SIC Classification
|
Midwest
|
Reviewed
|
Yes
|
23
|
|
Direct
All Inquiries to:
Gottesman
Company
Refer
to: S-2990-2 CES
Tel: 718-618-5346 UK Office: +44 (0) 7906786505
E-mail: dmj@gottesman-company.com