GOTTESMAN COMPANY &  Cooperating Intermediaries Seller Profile
United States, Canada & Europe Since 1985
America’s International Network of M&A Business Brokers

Acquisition Opportunity

Well Established Concrete Business

Business Description: Providing full service concrete contracting, this team can pour concrete when the temperature is above 20 degrees, reducing the non-working days significantly.  They can complete most of the concrete work on a site from excavating and pouring footings to pumping concrete to form 60-foot walls.  Meeting a customer’s needs both large and small, projects range from $100,000 – $1,500,000.

Distribution: Currently working with schools, including Purdue University, there is exponential room to increase contracts in this sector.  They have completed projects such as student housing apartments and increasing the relationship with the school could open doors to continued long-term opportunities.

Operational Strengths: This midwestern headquarters has been fairly buffered from recent recessions and economic downturns. Business is located on a single, large 3-acre property.  The main building has 4,500 square feet of space and contains the office and the main shop.  There is also a stand-alone shop with 2,500 square feet of open space.  An additional 200 ft long by 15 feet deep lean-to storage area is available for use. This business operates within an 80-mile radius of their headquarters. Will work in both small and large cities within their operational range.

The Transaction: The owner will stay on for 3-5 years post close. With Agreement

Financial Summary (000s)
  2018 2017 2016
Revenue 8.5 M 7.4 M 7.2 M
Adjusted EBITDA 700 k + 1.1 M 1.0 M

 

Other Highlights
Location Financials Management Team in Place Years in Business SIC Classification
Midwest Reviewed Yes 23 3271,1771

Direct All Inquiries to:
Gottesman Company
Refer to: S-2990-2 CES
Tel: 212-330-8010     Fax: 646-434-4557
E-mail: office@gottesman-company.com

r3/11/2019

Gottesman Company – 200 East 71st Street – New York, NY 10021 www.Gottesman-Company.com

This document is confidential and contains proprietary information belonging to Gottesman Company. It is unlawful to reproduce or distribute without express written consent of Gottesman Company. No warranties or representations are made in connection with the information provided herein. Gottesman Company is an M&A Business Broker, whose mission is to locate opportunities and introduce participants.