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Full-Service Brick Paving Company – BN000028691

Florida, US
1M-5MUnder 500k Building & Construction
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TEASER
CLIENT CODE: BN000028691
REVENUE/TURNOVER: $2,473,000
EBITDA: $95,000
HEADQUARTERS: Florida
 
Interested? Contact Us
813-898-2350
pmanry@benchmarkintl.com
Full-Service Brick Paving Company – BN000028691

Paul Manry

interested in this opportunity?
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The company is a full-service brick paving company, specializing in the use of traditional brick, Old Chicago brick, natural stone, and marble for a variety of applications. With over 15 years of experience, the company has developed a high degree of recognition, and reputation in the industry.

Key Aspects

  • From 2016 through 2019, revenue and gross profit have grown at compound annual rates of 20.5% and 41.7%, respectively
  • Gross profit margins have averaged 17.0% from 2016 to 2019
  • Diversified product and service offerings to appeal to a wide spectrum of customers
  • Strong position in its local market
  • All customers are under signed contracts
  • Knowledgeable and highly skilled employees

Opportunities

  • Add an additional installation crew to capitalize on the plentiful availability of projects
  • Expand the company’s service area to include south Florida, the Bahamas, and other Caribbean islands to increase market share
  • Implement a strategic marketing plan to acquire new clients and accelerate continued growth

Headquartered

  • Florida

Current Markets

  • The company currently serves residential and commercial customers throughout its local market in Florida.

Real Estate

  • The company operates out of three facilities consisting of office space and storage areas. Two of the three facilities are owned by unrelated third parties, with the third owned by a related entity. Management notes that the two leases are transferrable, and that they are open to entering into a long-term lease at the affiliate-owned location.

Shareholder Objectives

  • The company is owned by a single shareholder who believes the company is in a position to expand and take advantage of growth opportunities in the industry. The shareholder would like to de-risk and start preparing for retirement; however, he is willing to stay with the company for a transition period under new ownership.

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