July 19th - Fri - 6PM NY

New Deal Alert! 🚀
Concrete Polishing and Waterproofing Business

📍Location: Undisclosed
💰 Asking Price: TBA
📊Revenue: $2.4M (2023)
💼Net Profit: $300K+ (Seller’s Discretionary Earnings)

🌟Why This Business is Great:

1. Service:

   • Industry: Concrete Polishing and Waterproofing

   • Quality: Top-notch concrete solutions, ensuring customer satisfaction

2. Reputation:

   • Established: 21 years in the business with a stellar reputation

   • Diverse Clients: From public facilities to homeowners, broad and reliable clientele

3. Market:

   • Growing Industry: Polished concrete market valued at $2.5B globally in 2022

   • Recurring Revenue: Continuous demand for maintenance and new projects

4. Financials:

   • Strong Performance: $2.4M revenue in 2023

   • Profitability: $300K+ in seller’s discretionary earnings

5. Operations:

   • Absentee-Owned: Hands-off opportunity for new owner

   • Established Processes: Consistent, high-quality service delivery

6. Growth Opportunities:

   • Market Fragmentation: Potential to scale and become a national brand

   • Expansion: Geographical reach and increased staffing to meet rising demand

7. Reason for Selling:

   • Retirement: Owner is part of the Silver Tsunami trend

   • Attractive for Investors: Opportunity to leverage retiree-owned businesses

🔍 My Analysis: This concrete polishing and waterproofing business offers a promising investment with its solid financials and stellar reputation built over 21 years. The business has a diverse client base and recurring revenue from maintenance and new projects, ensuring steady income. As an absentee-owned business, it presents a hands-off opportunity with well-established processes. The growing concrete polishing market, valued at $2.5B globally, and the potential for national expansion make this an attractive target. The retiring owner aligns with the trend of baby boomers selling their businesses, presenting a prime acquisition opportunity. With the right vision and resources, this business can significantly scale and become a leading national brand.

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