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Asking Price$650,000
Revenue$2,999,603 Established1995
Cash Flow$260,018 Employees10 full, 10 part
FF&E$850,000* FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This business offers a complete traffic control solution for federal, state and local governments as well as utility and private sector companies providing people, signs and equipment in and around road construction projects. Founded in 1995, the company has good equipment and staffing with significant work in progress for 2016. The outlook is very positive with the recent passage of the Fast Act by Congress setting forth over $305 Billion for projects over the next five years. Business is woman-owned and includes some seller financing.
Facilities:The company’s leased facility, which was built in 2005, is well maintained and in excellent condition with easy access and good visibility. The facility is a freestanding building that consists of approximately 9,400 square feet on approximately 1.3 acres and houses offices, storage, parking and work areas. The parking area was expanded in 2011 and the roof was replaced in 2015. The lease is for 5 years with two five-year options taking it to the year 2031.
Seller Financing:Yes, 15% for qualified buyer.
Sale Reason:Retirement
Ad #80015
Seller Reference #1482-78
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Contact This Seller
Charlie Cole
Cole & Company, Inc.
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