
Asphalt, Concrete, Contractor, Residential, Commercial
Price: $567,000
Location: Tampa Bay
Industry: Construction
Listing ID: 890700317
Listing Status: Under Contract
Run Semi - absentee. Established since 1996 this asphalt and concrete company has a management team in place. Specializing in small to medium jobs. (Driveways, Sidewalks, Pads, etc...) Both Residential and Commercial. Pavers and Asphalt Sub contracted. Owner to keep 19% of company for 5 years to insure a smooth transition. (an additional $133,000 will be due seller in 5 years) Bank pre-approved. ($700,000 total purchase price) A must see!
Down Payment: $85,000
Cash Flow: $385,335
FFE: $130,000
FFE Included: Yes
Inventory: $1,000
Inventory Included: Yes
Year Established: 1996
Days & Hours of Operation: M-F 8-2
Owner Hours Per Week: 40
Managers: 3
Monthly Rent: $2,354
Reason For Sale: Retirement
Training & Support: 30 days at no charge or as needed for a smooth transition
Financing/Terms: Seller will hold a note for $499,000 over 120 mos at 10%