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Basement Repair and Waterproofing Company - $650000 (Central Iowa)

This sale is being offered as the owner has put 5 years into building up this company and is now looking to move on. Sales volume is $750,000-$1 million per year currently.

Typical profit margins to be expected with this company are 10-20% of gross revenue. With the right management and marketing this investment would be paid off in 3 to 4 years.

This company is setup to replace basement walls and do all types of basement repair: wall bracing, new basement floors, waterproofing, sump pumps, helical piers. We have all the equipment to do all the work as efficiently as possible.

The company specializes in basement repair. We currently have a zero claim work comp history. We have a better rating than if you were starting from scratch.

List of major equipment.
-2014 Wacker 38Z3 excavator 750 hrs
-2012 Gehl Rt175 track loader 1400 hrs
-2009 Chevy C4500 crew cab dump 194,000 miles
-2009 Chevy C5500 crew can dump 20,000 miles
-2016 Chevy 3500 crew cab dump 40,000 miles
-2006 Chevy C4500 crew cab dump 45,000 miles
2007 Chevy Suburban
-shop forklift
-used stone mortar mixer
-New Whitman mortar mixer
-all power tools for 1 crew used
-all power tools for 1 crew new
-2 14k equipment trailers

This company has a great name. It has been around for 5 years The company is set up as an S corporation without a dedicated franchise. We do have access to the the best patented products in the industry though. You will get all of the equipment and $30,000 in inventory to get up and going. Typically we run 6-8 weeks booked out. There is no real estate offered but the lease for the current location is available to be taken over but not required,you 45'x60' heated shop with office. This is one of the fastest growing markets of repair with one of the best profit margins. Current crew may be willing to sign contracts to stay on after a sale but not guaranteed. This is a serious sale offer. The current crew is built of 4 journeymen masons under the age of 40 and one journeyman mason who is the best salesman currently in the local industry. This company does currently pay the maximum amount for unemployment insurance though.

We do not currently market for basement waterproofing as we have maintained a steady workload of masonry repair and replacement. But waterproofing is about a $20 million dollar market in Central Iowa and a very profitable venture and could be up and going in just a matter of weeks as the infrastructure is in place.

This company has very good online reviews and a marketing source that is ahead of the curve from the older established companies. We also utilize a unique way of pre-qualification of leads.

Price is for all equipment, contacts, materials, web presence, insurance rating. Not willing to sell any single part it is an all or nothing deal.
  • do NOT contact me with unsolicited services or offers

post id: 7081715205



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