Multi-Location Structural Concrete Contractor

Business Is

Absentee Owner

Internal Id

603627

Growth & Expansion

There are several avenues to immediate and long-term growth for this opportunity, including expanding into maintenance and repair work, enhancing workforce recruitment and retention, increasing work capacity, expanding into other growing metropolitan areas, and pursuing strategic acquisitions.

Support & Training

The owner who oversees the Louisiana location is willing to remain on staff as a key team member for 5-10 years. The other owner is committed to providing 2-5 years of transitional support.

Facilities & Assets

Both locations operate out of approximately 1,500 square feet of office space and 5,000 square feet of warehouse facilities, each with a lay-down yard for equipment storage. These facilities are owned by the current owners and leased back to the company. The owners are open to continuing these lease arrangements with unlimited renewal options.

Number Of Employees

56

Market & Competition

With tilt-wall construction being a core specialty, the company is one of the few contractors in both the Florida and Louisiana markets that is capable of delivering these specialty projects. Furthermore, the business has further distinguished itself from competitors by positioning itself as a full-service, self-performing contractor. Approximately 95% of work is self-preformed, offering a major competitive advantage.

Reason for Selling

One owner is ready to retire while the other wants to focus on other ventures.