Aug 9th Fri - 8AM NY

Deal Alert: Northern Nevada Concrete Contractor

📍 Location: Northern Nevada
💰 Asking Price: $1.5M (including land)
📊 Revenue: $1.75M
💼 Net Profit: $520K

🌟 Why This Business is Great:

Service Offerings:

  • Commercial and residential concrete services, including decks, patios, and decorative concrete.

  • A team of 12-15 skilled employees ensures top-quality work.

Reputation:

  • Established in 1996, the business has built a solid reputation for providing top-notch concrete services.

  • Known for reliability and high customer satisfaction.

Prime Location:

  • Situated in a growing market in Northern Nevada.

  • Increasing demand for both commercial and residential concrete work.

🏆 Additional Perks:

Turn-key Operation:

  • Over $500K in equipment and vehicles included in the sale.

  • Optional storage yard available for purchase.

Financial Highlights:

  • Gross Sales: $1,754,430

  • Net Income: $519,784

  • Assets & Equipment Value: $596,700

Growth Opportunities:

  • Enhance Marketing Efforts: Increase brand visibility and attract new residential customers through targeted marketing campaigns.

  • Streamline Operations: Improve efficiency to boost profitability.

  • Invest in New Technology: Adopt advanced project management tools to optimize operations.

  • Expand Services and Geographic Reach: Broaden service offerings and extend market coverage.

🔍 My Analysis: This Northern Nevada concrete contractor is an excellent acquisition target due to its strong reputation, diverse service offerings, and impressive financial performance. Established since 1996, the business generates $1.75M in annual revenue with a net income of $520K. Included in the $1.5M asking price are over $500K worth of equipment and vehicles, plus an optional storage yard. The company serves a growing market with increasing demand for both commercial and residential concrete work. Opportunities for growth include enhancing marketing efforts, streamlining operations, investing in new technology, and expanding services and geographic reach. The owner's openness to seller financing for a qualified buyer adds to the appeal, making this a prime opportunity for investors or existing contractors looking to expand.

🏃‍♂️Take Action: If you want access to this deal and others like it, book a call with us. We'll show you how to get the contact detail, show you how to analyze this deal or others you want, and discuss our paid programs so we could help you find, finance, and acquire a business.

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This acquisition highlights ZipRecruiter's commitment to enhancing its service offerings and expanding its global reach. By integrating Breakroom’s capabilities, ZipRecruiter can provide more comprehensive reviews and job comparisons, particularly benefiting workers in frontline roles. The decision to keep Breakroom as an independent brand suggests a strategy to retain its established identity and user base while gradually integrating its features with ZipRecruiter's platform.

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