Details - Information last confirmed on June 22, 2021
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.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.