Loading Contents...

Raleigh Durham - Sanford - Wake County - Lee County, NC

  • Listing No.: 209-20059

  • Category: Construction

Asking Price $2,300,000
Down Payment
Gross Revenue $1,836,000
Total Adjusted Net Income $465,900
Equipment / Fixtures $871,000
Year Established 1996
General Location Raleigh Durham - Sanford - Wake County - Lee County, NC
Print This Listing

This highly profitable well established for 24 years concrete contractor company, is a full service concrete contractor serving retail and commercial clients throughout North Carolina. This company specializes in retail properties ranging from a 1000 to over 20,000 square feet in size with average being 15,000 square feet. Some of their project capabilities include but not limited to concrete floor construction, tilt wall construction, footing and foundations, exterior concrete paving, and slabs on grade. The seller is wanting to retire but is willing to stay on for a transition period. Seller states there are tons of growth opportunities. Don't miss this great opportunity to take over a profitable established company with lots of growth potential. SBA Pre-Approved

Gross Revenue $1,836,000 Listed Price $2,300,000
Total Income $465,900 Down Payment
Base Rent $775 Square Feet 9500
Total Rent $775 Lease Expiration 01/2021
Rent Deposit $1,200 Lease Options 1/1
Inventory Not Included Leasehold Improvements $100,000
Equipment / Fixtures $871,000 Other Assets
Full-Time Employees 15 Training Period 2 Weeks after closing
Part-Time Employees 1 Special License Required
Contract Staff Reason for Selling Wanting to retire

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.