Highly Profitable Business

, California 4 views 0 favorites

Financial Highlights
Asking Price
$2,500,000
Revenue
$3,000,000
Business Description

Here is an opportunity for you to be the employer, the Boss, and a small business owner. This company grosses an annual revenue between two to three million dollars. The net income is between $600,000 to $800,000. The company has been in existence since 1998. The company uses state of the arts technology in its Material Testing and Field Testing of Concrete, Mortar, Grout, Masonry Prisms, Shotcrete, Rebar, Fireproofing, Fiberwrap/Polymer Matrix Composite, High Strength Bolts, etc. The company also conducts Field Testing in the following areas: Ground Penetrating Radar Survey, Pull Test for Epoxy/Wedge Anchors, Cohesion/Adhesion of Sprayed Fire-Resistive Material, Torque Testing (Anchor Bolts), Push Test (Masonry Mortar Joint Shear Strength), Pull Off Strength Test for FRP Laminate System Bonded to Concrete, Concrete Moisture Vapor Emission Tests, Compression Testing for Strength and Pre-Construction Panel for grading. There are about a dozen employees and over a dozen 1099 field inspectors. The employees are a cohesive team of highly ethical independent workers with unique talents. Many have been with company from five to 20 years. All are willing to stay with the new owner. Current owner will standby and train plus offer technical support for up to 90 days, upon a successful sale. This is a once in a lifetime opportunity to own a business that is fully developed. You do not have to have technical skills to own this company. The employees will help you run the company until you are familiar with all phases of the operation. The lease on the 3,264 square feet building is only $4,000 a month. Buy the business and rent the building. Location: Santa Fe Springs, California Year Established: 1998 Number of Employees: 11 Relocatable: Yes Real Estate: Owned Building Sq. Ft.: 3,264 Facilities: The facility is seller owned, but leased back to the company for $4,000 a month. Market Outlook/ Competition: No identifiable competition threat. No advertising budget. New business comes for over a dozen Field Inspectors and city/county planning officers. Growth & Expansion: Prime for expansion if buyer desires.

Business Details
Industry:
Building & Construction
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 22, 2022

Updated: 9 hours ago

Views: 4

Favorites: 0