
Opportunity Highlights
Annual Figures 2024:
- Gross Sales: $13,617,146
- Net Profit: $1,668,843
Expenses 2024:
- COGS: $7,895,218
- Salaries & Wages: $2,490,422
business overview
- Located in Bedford, IN
- 21 years in business
- Residential, commercial, and Gov't jobs (Breakdown of revenue in financials link)
- 60% of jobs are new construction
- Owner and estimator do sales, 1 office manager, 5 in the office, 1 shop manager, 4 mechanics in the shop, 4 job foreman (4 crews), rest in the field,
uses some subs when needed
- Estimator could be key man
- Employee tenure for higher level employees is over 5 years
- Service area: 80 mile radius
- $3,500,000 in assets coming with the sale
- No licenses needed to run the business besides septic license & municipality certs
- Projected to do the same numbers for 2025 as 2024
- There will be 2-3 mil in backlog for the buyer taking over
- Around $500,000 in Capex per year
- Could be some seller financing involved depending on the rest of the offer
- Fully approved by SBA with a Pari Passu at the full asking price (Approval in financials link)
- Seller is more than willing to make sure the transition goes very well. He isn't interested in rolling equity. He is looking to semi-retire and get into another venture not related to this industry.
- Reason for the sale: Wants to semi- retire and wants to get into the campground business
954-551-5317
Listing Inquiry
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