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#Business ID: 19908

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Building Demolition & Commercial Site Work Mid - Atlantic Tri-State Regi

Business Location: New York, United States

Asking Price: not disclosed Revenue: $ 4,250,000 Cash Flow: $ 493,000

[Furniture / Fixtures and Inventory / Stock included]

Business Summary

The Company is a building demolition and commercial site work contractor based in the North East region and serves its customers throughout Tri-State area .They provide container service for the disposal of construction materials generated on private commercial & public site work and total building demolition along with providing dumpster container service for the disposal of construction materials on different projects as well. In 2012, revenues were comprised of commercial site work (60%), building demolition (35%), and container service (5%). Average gross margins typically range between 30% and 40%. Customers are primarily commercial with a modest percentage attributable to residential projects. The Company has highly-skilled employees and operates from a 4,500 sq. ft. office. The facilities can accommodate revenues approaching $20 million without major facility improvements.

EBITDA: $668,000

Property Details

Property Type:

Lease

FF&E:

$ 349,800

Other Business Details

Premise Details:

Company is an S-Corporation operating from a shareholder-owned one acre lot and an APRX 4,500 square foot of office space. The facilities is consists of a three-bay garage and an adjacent lot for truck storage, shop and equipment yard.

Competition:

Success in the site work and building demolition industry is driven by access to the latest and most efficient technologies and techniques, marketing expertise, key contacts within targeted industries, consistent sources of work, the ability to vary services to suit different needs, effective quality control, and having a good reputation. This company excels in each of these areas and is well positioned for continued future growth and success. The Company has developed a long-standing customer base of large active accounts operating in the Tri-State region. Customers are primarily commercial with some residential clients. Management is proud of the many loyal customer relationships built over the Company’s history and believes customer relationships will successfully transition to new ownership.

Expansion Potential:

Success in the site work and building demolition industry is driven by access to the latest and most efficient technologies and techniques, marketing expertise, key contacts within targeted industries, consistent sources of work, the ability to vary services to suit different needs, effective quality control, and having a good reputation. This company excels in each of these areas and is well positioned for continued future growth and success. The Company has developed a long-standing customer base of large active accounts operating in the Tri-State region. Customers are primarily commercial with some residential clients. Management is proud of the many loyal customer relationships built over the Company’s history and believes customer relationships will successfully transition to new ownership.

Business Operation Details

Employees:

15 plus

Support & Training:

Owners to remain for a transition period to ensure a smooth transfer of ownership.

Miscellaneous Details

Reason For Selling:

Retirement and new Growth Opportunities under new ownership.

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