Businesses For Sale > Business For Sale in Cincinnati, Ohio (OH)
30 Yr Masonry Co including Property for sale in Cincinnati, OH
Cincinnati, Ohio (OH)
Asking Price: |
Gross: |
Cash Flow: |
$ 286,000 |
$ 373,000 |
$ 160,000 |
Furniture and Fixtures Value:
$ 25,000 (included in the asking price)
Inventory Value:
$ 2,500 (included in the asking price)
Real Estate:
$ 50,000 (included in the asking price)
Business Summary:
This company is operated by the original retirement aged owner who has built his reputation on respect, trust, and great customer service. His employees are skilled in brick laying, tuck pointing, and repair for both stone and brick walls. March of 2021 sales so far include completed jobs and signed contracts for over $160,000 - 2021 is looking to be a great year. Buyer could expect quick growth with taking on larger jobs that the current owner refers to larger masonry contractors. The price includes a 4,000 square foot office / warehouse that is centrally located in the Greater Cincinnati region. This business is offered as an asset purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Highlights include:SBA loan eligibleWork of mouth advertising onlyPrice includes all inventory & equipmentBasically an April thru December work scheduleNo PPP money – business grew thru the pandemicClean books & records – all numbers are verifiableServing both residential and commercial customersPrice includes 4,000 square foot office / warehouseLong time staff in place – over 70 years with company
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Year
Business was Established: 1990 |
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Number of Employees:
3 |
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Facilities / Terms of Lease:
The price includes a 4,000 square foot office / warehouse which is centrally located in the Greater Cincinnati region. The facility contains all of the inventory and equipment necessary to perform their services along with any required fabrication. |
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Potential
Growth/Expansion:
The current owner truly does not take on any large jobs. He prefers to perform smaller, quick turn around jobs. He refers larger jobs to his competition. Much growth could come from quoting and taking on these jobs that are currently being referred elsewhere. |
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Competition:
The company has been built on respect, trust, and great customer services. Most jobs come from referrals from previous customers. |
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Owner
willing to finance:
SBA loan is available |
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Owner
willing to train:
Yes |
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Reason for selling:
Retirement |
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Seller Reference Number: 32193
BusinessMart.com Listing Number: 267535 |
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To request more information
on this business
please fill out the form shown right 
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For
more info contact:
 Dan Long
Cincinnati Business Brokers
513-315-3006
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