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Listing ID: 3217965

Concrete Pumping & Truck Rentals For Sale

Chicago, Illinois, United States

$ 4,310,000

Revenue: $ 3,301,210

Cash Flow: $ 1,078,095

Business Description

Commercial and infrastructure client base with consistent sales! This Northern Indiana concrete pumping and truck rental business has over 3.1MM in assets with an ongoing cashflow of more than 1 MM. Established for 15 years, this company is operating at the top of their field. Equipment includes seven pumps, a placing boom, a Line Dragon as well as a shop full of any necessary equipment, inventory, and tools required to complete the job. There is also an additional $20,000 in vehicles including trucks, trailers, and a forklift. Work is completed within 100 miles of the headquarters and encompasses Northern Indiana, Southern Michigan, Northern Illinois, and the Chicago Metropolitan area.

The owner works part-time and currently oversees financials, legal, and insurance matters. By design, this business can operate on a day-to-day basis with little input from the proprietor. With processes and procedures in place, the business can operate seamlessly with minimal owner oversight. The team of seven operators, one bookkeeper, and a shop assistant are overseen by the Operations Manager.


The diverse customer base consists of both residential and commercial customers with projects ranging from single family homes to slab foundations, bridges to treatment plants, and roadways to pilings. Meeting the needs of a wide customer base sets this company apart from its competition as well as their positive reputation for reliable and superior results.

Property Details

Size:

10,500 sq. ft.: 1,500sq. ft. office, 7,000sq. ft. inside parking, 2,000 sq. ft. storage (rack and open)

Years Established:

2004

Property Type:

Real

Other Details

Expansion Potential:

Increase exposure and networking in Chicagoland to acquire more business in this area, extend service area south to include a greater number of agricultural projects

Operation Details

Employees:

10

Support & Training:

6 months

Miscellaneous

Financing Available:

Yes
12.5%

Reason For Selling:

Retirement

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