Asphalt & Concrete Contractor with Strategic Assets

Asphalt & Concrete Contractor with Strategic Assets

Lafayette, IN
Listing Number:
 IEB-104-28

Financial Information

Asking Price: $995,000 
Real Estate: Owned
Gross Revenues: $1,200,000
Cash Flow: $300,000
 

Business Description

Asphalt & Concrete Contractor with their own asphalt plant to competitively outperform competitors in their core space, located in the Central Indiana district. Has done and can do various construction projects but focused on concrete and asphalt. Perfect for new construction parking lots, curbing, sidewalks, driveways, etc. They are also INDOT-certified for smaller projects; could be expanded with additional financial resources. Past revenue does not take advantage of government/municipality work to the extent they could. All equipment needed to be productive is included in the sale Owner also owns the real estate and would like to include everything as a package.

General Information

Facilities: Office and shop area on over 6 acres of property allows this business to store materials on site. Includes asphalt plant.

Growth & Expansion: Plenty of work and opportunity for growth. An outside salesperson, or a sales-focused buyer, would accelerate the revenue growth. Also, a new owner might want to capitalize on their INDOT certification. If the buyer is a minority, woman, or veteran, they would likely qualify for special allocation on government contracts.

Employees: 12

Competition: Plenty of competition in the concrete & asphalt contractor industry. This business has strategic advantages over competitors.

Support & Training: Owner will provide transitional services for the buyer to be successful.

Reason Selling: Retirement

Contact Information


Contact:
 Scott Lands
Phone: 317-333-6655 x 104

 

Indiana Equity Brokers
5750 Castle Creek Parkway, Suite 275, Indianapolis, IN 46250
Tel: 317-333-6655     Fax: 317-333-6654
info@indianaequitybrokers.com

 

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