Metro Atlanta Concrete Company Is "Rock Solid" Investment 4 Right One!

Location: Georgia, United States
Category: Real Estate
Type: Established

Financials

Asking Price: $4,000,000
Cash flow: $981,000
Revenue: $9,250,000
Gross Income: Not Disclosed
Inventory: Not Disclosed
FF&E Not Disclosed
Real Estate: Not Disclosed

Business Details

The Company`s main services include foundations, grade and elevated slabs, concrete walls, retention vaults, stairs, columns, piers, and hardscapes. Hardscapes include both sidewalks and plazas. The Company also offers decorative and architectural concrete, such as stamped, stained, exposed aggregate and decorative saw cut. Success in the concrete contracting industry is driven by the following factors: Having a good and established reputation among potential clients for high standards in quality, timeliness and efficiency. The Company does not advertise, therefore relies heavily on its relationship building. The Company has seen tremendous growth related to its reputation. Secondly, the ability to control costs allows a company to manage waste and produce the highest levels of revenue. The Company operates on a comprehensive Contractors Software package which allows for greater accounting, job costing and budgeting capabilities. The Company`s revenues have grown at a compound annual growth rate (CAGR) of 44.8% during the historical period. Pro forma revenues are conservatively projected to mirror this growth, growing at a CAGR of 15.5% The Company is beginning to penetrate neighboring markets. Many of its current clients operate in North Carolina; therefore, the effort needed to secure additional business would be minimal. The Company can also utilize its current client base in order to expand into larger scope projects Despite continued concerns over the decline in existing and new home sales and housing starts, the commercial construction sector is producing strong gains. CURRENT BACKLOG IS $5 MILLION.

General Information

Reason Selling: Realize financial compensation for sweat equity.

Number of Employees: 48
Year Established: 1999