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Construction Services in the Sioux Falls Area



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Large-scale demolition projects are the primary work for this company. Jobs are generally within 60 miles. Specialized equipment that others do not have makes this a sought-after company that is able to do specific projects for customers. The Company does most of the work for many of the top construction firms in the area and has built a relationship over the years with many of these large companies. The Company has a reputation for completing projects on time, on budget, in a professional manner, and leaving the job clean. The owner works 5-10 hours per week by choice.

Ad#:2270545



Listed By: Josh Grode Wolters

Background information

Reference:

5401-18495

Year established:

1999

Reason selling:

Retirement.

Finance

Sales:

$1,714,904

Profits:

$499,347

Operations

Employees:

6

Equipment:

Included in asking price $1,545,360

Inventory:

Included in asking price

Premises

Facility:

A 6,500 square foot building with an office and breakroom is available. It is of adequate size for current operations and would serve a new owner well. The real estate is currently owned by the business owner and is available for sale or lease. Terms can be negotiated.

Rent and lease terms:

N/A

Opportunities

Growth:

As with most businesses in the area, labor is a bottleneck. Another ten employees could be put to work at once. That has forced the Company to explore high-tech options that allow for efficient project completion and less physical toil on the employees. Previously, the Company had twice as many employees and did twice the revenue.

Price and terms

Price:

$1,600,000

Financing:

$160K down/$160K ove 120 mos. @ 10%/Other Financing.

Training:

Will train for 3 weeks @ $0 cost.