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Masonry Contractor – Leader in Its Market Area

DESCRIPTION: This well-established and profitable company specializes in masonry installations and repairs. The business performs all aspects of masonry installations including brick, block, stone, restoration, caulking and scaffolding. It is committed to quality workmanship and is recognized as a leader in the industry. The seller wants to be relieved of ownership responsibilities. He is currently on the faculty of a local community college and would like to spend more time teaching masonry construction.

MARKET: This is one of the leading masonry companies in its market area. Customers include industrial, commercial and residential clients. This customer base is broad, deep and diverse and is not concentrated in a few major accounts. The company’s workmanship is so well respected by general contractors that several have been clients for over 30 years. As successful as the business has been, much greater success lies in the future. Its impeccable reputation for quality workmanship has enabled it to develop unique relationships with local contractors. Because of the owner’s desire to teach masonry at a local community college, growth during the past five years has been restricted. A new owner could capitalize on the company’s excellent reputation and add significant sales volume in a short period of time.

FACILITY: The business operates from 2,500 SF of leased cold storage and an owner’s home office.

FINANCING: Anticipated Seller/Bank financing 100K. Down Payment $140K. Working Capital Needed 150K.