Our decades old Colorado demolition company is an industry leader involved in all phases of complete and selective commercial, residential and industrial demolition. A seasoned Operations Manager oversees all day to day activities and the owner is only involved part time in the business. Foremen and employees have been cultured to think and act like owners. This business continues to dominate in its regional market and has been expanding for the past several years. The company is considered essential by the government and has felt little if any impact from COVID-19.
Facilities
The seller’s facility can be leased by the buyer at a reasonable rate.
Financials
Asking Price: $8,000,000
Included in the Asking Price: Trucks and equipment worth $3,000,000
2019 Revenue: $9,300,000
2019 Cash Flow: $2,050,000
Market Outlook
Competition: While there are a number of very small competitors in the area, there is only significant competitor in the region. This competitor is less sophisticated and only a fraction of the size.
Growth and Expansion: There is a significant opportunity to grow this business for the next decade and more. With 80,000 new residents moving to Colorado each year there is an ever-increasing demand for new housing and public infrastructure. This trend is driving the replacement of older buildings in urban centers and road and bridge repair.
About the Sale
The owner plans to retire but is willing to train the new owner for 60 days free.
