Masonry Contractor – Metro Indianapolis, IN, motivated seller

  • Property ID: 866
  • Date added: 01/30/24
  • Broker: Thomas D. Poyser 317-513-2898
  • Asking Price: $ 100,000.00
  • Revenue: $ 225,000.00
  • Cash Flow: $ 0.00

Description

   unnamed   Masonry Contractor – Metro Indianapolis, Motivated Seller

Asking Price:  $475,000     Revenue:  $730,700       Cash Flow:  $160,000   FF&E:  $200,000       Established:  1956
Business Description

This 63 year old masonry contractor company specializes in non-public, non-union projects working with General Contractors. The dedicate crew of masons has been together for over 12 years.


Detailed Information
Location:           Metro Indianapolis, Indiana

Employees:      FT:  2 (W-2), 4 (1099)            PT:  1 (W-2)

Facilities:          Equipment stored on personal property

Growth & Expansion:   Extend the network and working with commercial property managers

Competition:          Other masonry companies

Support & Training:   30 days support by owner

Reason for Selling:     Role not suited to current owner who is operating as the transition manager for her father

Financing:            Limited and only for SBA loan support