Business for Sale

Concrete Leveling/Repair Biz, SBA Financing!

Businesses for Sale in Illinois, Business Services_other for sale

Business Id :         BSM230

Location :               Illinois > Dupage > DuPage/Kane, Dupage County

Category :              Business Services_other >

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Business Detail
Asking Price : $250,000
Sales revenue : $322,000
Inventory : $2,000
Cash Flow : $104,000
Status of Business : For Sale
Relocatable : No
Business closed : No
Home based : No
Employees : 3
Year Established : 2000
Summary :
Lifting concrete is the most attractive and least expensive method where driveways, sidewalks, walkways, patios and pool decks need leveling. This franchise employs years of technical experience and a host of proprietary and unique equipment to get the job done quickly, beautifully and inexpensively. This business grew by more than 35% in 2009 despite the economy! This is a turn-key opportunity to own an established, fast growing, money-making, large protected territory with all of the necessary equipment and experienced employees. If you’ve been looking at business listings, you know that very few businesses are actually strong enough to be pre-approved for an acquisition loan. A lender must thoroughly review the financial performance of the business and be convinced that a buyer would be successful under current and likely future conditions. Please keep in mind that lenders will not pre-approve a business for SBA financing unless it demonstrates a proven ability to service debt and provide a reasonable income for the owner. The ability to simply service debt (or "pay for itself") alone isn't sufficient, lenders know that the buyer's enthusiasm and energy will also be required and that isn't likely unless the business is also capable of providing a good income to the buyer. This business currently operates out of commercial space, where equipment & supplies are stored. There are no storefront requirements, industrial/warehouse space is sufficient! The currently used 800 to 1,000 sq. ft. space is rented and the lease would be renewed in August 2012. The current rent is $910/mo (gross).


Business Competition :
The franchise enjoys a very large protected territory and...relations with the bordering franchisees are supportive and friendly. The equipment employed is unique and proprietary to this franchise. Unlike traditional methods of concrete repair which are expensive and unsightly, this franchise has a national reputation for providing a cost-effective and attractive repair solutions and they have the expertise to tackle a wide variety of repairs.
Business Expansion :
There will always be a market for leveling concrete surfaces. Communities everywhere are plagued with jagged sidewalks, uneven steps, and sunken driveways. In addition, the franchise handles sunken foundations, bowed basement walls and leaning chimneys. The opportunities are terrific and the ability of the business to provide 6 figure cash flow in a lackluster economy speaks for itself!
Reasons for Selling :
Death & family issues

Uploaded Documents:

Available upon Request.

Contact Information :
Name : Douglas T. Walker, CBI, SBA, CMEA
Phone No. : 847-526-9699
State : Illinois
County : Lake
City : Wauconda
For more information about this business for sale, click the Contact Seller button.
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Posted By:
Broker Name: Douglas T Walker
Broker Company Name: Sunbelt Business Brokers of Greater Chicago
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