Demolition, Salvage and Landfill Services with Real Estate Included

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Construction Businesses for Sale

This profitable company has operated as a family business for over 85 years. They are primarily engaged in the demolition and salvage of structures industrial and commercial as well as selling items salvaged from demolition activities. The majority of their business is in the Southeastern Tennessee area, but they do occasionally do business in other states. They are licensed in asbestos removal in 3 states, but seldom do asbestos work. They have a A+ safety record. The owner has been cherry picking the jobs he goes after now. Often times he uses a sub-contractor some of the demolition work. This has proved to be very efficient and profitable. Prior to Covid in 2019, the demolition business had a good year as they took down 3 schools, 2 shopping center, church building, etc. The seller owns both businesses and the real estate, the owner prefers to sell them together but may consider selling them separately.

Financial Information

  • $15,000,000 Asking Price
  • $1,727,000 Cash Flow
  • $3,520,000 Gross Revenue
  • On request Down Payment
  • Yes Financing

Business Location

  • City: Southeastern Tennessee
  • State: Tennessee

Financing Comments

  • Seller will consider some financing for a qualified buyer

Reason for Sale

  • Health Concerns

Detailed information

  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Part time Employees: N/A
  • Real Estate Included: Yes
  • Real Estate Available: Yes
  • Fulltime Employees: 8
  • Real Estate Value: $10m

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Business Listed by Sunbelt of Charlotte
Contact
Bill Law
Listing ID
CHARLNC001-47669
Office Phone (704) 897-8232

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