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  • Listing No.: 101-20240

  • Category: Construction

Asking Price $1,200,000
Down Payment
Gross Revenue $2,687,970
Total Adjusted Net Income $535,901
Equipment / Fixtures $559,464
Year Established 2000
General Location Beaufort
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This company has an outstanding reputation and has been well known for over 20 years. They've completed over 25,000 foundations and have recently moved into the high end custom residential and light commercial industry which has allowed them to slow overall sales but double profit margins. Included in the purchase price is 3 parcels of real estate, 7 acres with many properties on site, including a 2 story office building as well as a 2 other homes where many of the employees live and pay rent. All gross sales revenue can be verified through sellers tax returns. Owner will train for a smooth transition. The seller states that the experienced and dedicated staff will all be willing to stay on with the new owner of this business. For more information including a detailed confidential opportunity summary with financialinformation and photos, please use this ad's email reply.

Gross Revenue $2,687,970 Listed Price $1,200,000
Total Income $535,901 Down Payment
Base Rent Square Feet
Total Rent Lease Expiration
Rent Deposit Lease Options
Inventory Not Included Leasehold Improvements $0
Equipment / Fixtures $559,464 Other Assets Real Estate: $ 648,500
Full-Time Employees 20 Training Period 14 Calendar Days
Part-Time Employees Special License Required South Carolina specialty concrete license - easy to obtain
Contract Staff 20 Reason for Selling Seller is retiring

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.

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