Residential and Commercial Decorative Concrete Company - SOLD
Sold Listings / 238 views / Sold
Price: $5,850,000.00
Indiana Business Advisors is proud to offer a residential and commercial decorative concrete company for sale. The company focuses mainly on exteriors, altering driveways, walkways, steps, porches, patios, and pool decks. In addition, they offer cleaning and sealing services. Offering a variety of concrete finishes and colors, they transform plain and practical to beautiful and useful. Some of these finishes are:
- Stamped Concrete
- Stain Concrete
- Standard Smooth Finish
- Sand Matrix
- Exposed Aggregate
- Standard Broom Finish
- Concrete Countertops
- Pool Deck Removal and Restorations
Clients, both residential and commercial, add value to their properties by increasing the curb appeal with decorative concrete. Even though they provide services to existing homes and businesses, their primary clients are new home builders. Due to decades of experience, they’ve earned a reputation as a trusted provider. They have 20 long-term clients and 70% of revenue comes from repeat business. A professional website continues to draw in new clients.
The company, located in Central Indiana, serves clients within a 70-mile radius of their facility. The Seller owns the property and is willing to sell or lease it for fair market value.
This residential and commercial diverse concrete company is ideal as an add-on acquisition for a business in the industry. It’s a great opportunity for businesses looking to grow by adding a new division. It’s also a great fit for an owner-operator who is ready to step into a CEO / general manager role.
Investment Considerations:
- Established Brand
- Year over Year Increased Revenue
- Potential for Absentee Ownership
- Excellent Client Diversification
- Revenue From Commercial & Residential Clients
- Established Clients which Provide Recurring Revenue
- Limited Competition
Growth & Expansion Opportunities:
There are ample opportunities for a new owner to grow the business. These are:
- Pursue More Commercial Clients
- Seek More Pool Clients
- Offer Pavers
- Create Product Displays
Financial Information:
Revenue | Cash Flow | |
2023 | $5,696,747 | $1,512,971 |
2022 | $4,054,766 | $928,257 |
2021 | $3,260,031 | $455,900 |
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- Location : Central Indiana
- Listing # : N2126