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BIZBITE
345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked
Service
45
/100 score
Fair

Concrete Cutting & Core Drilling

Specialty subcontracting with diamond tools and high ticket jobs

Concrete cutting and coring companies provide slab sawing, wall sawing, wire sawing, and core drilling for construction and renovation projects. Contractors hire them to create clean openings for plumbing, HVAC, electrical, doors/windows, and structural modifications without overbreaking or damaging surrounding concrete. The work is specialized, safety-critical, and often priced per linear foot or per hole, which supports strong unit economics when crews stay busy.

Avg Revenue

$750K

Profit Margin

25%

Acquisition Multiple

2x - 3.5x

Startup Cost

$30K - $200K

Difficulty

4/5

How It Works

Build relationships with general contractors, plumbers, electricians, and restoration firms. Jobs are scheduled around other trades, then a crew arrives with saws/drills, dust and slurry control, and safety controls. Pricing is commonly per cut/per hole with minimum mobilization fees, plus extras for rebar, depth, access, and off-hours work. Scale comes from adding crews, improving dispatch, and focusing on repeat GC accounts.

Revenue Range

Low End
$250K
Typical
$750K
High End
$2.5M

Real Acquisitions in This Category

SBA 7(a) change-of-ownership loans · NAICS 238910 · Site Preparation Contractors

Deals tracked
111
43 in last 24 mo
Median loan
$871K
$350K–$1.9M p25/p75
Implied deal size
$1.0M
median · ~85% LTV
Charge-off rate
11.1%
of loans that finished

Deal Size Distribution

<$150K
9
$150K–500K
27
$500K–1M
21
$1M–2M
28
>$2M
26

Deal Flow Over Time

Deals per year · median loan
$682K
2020
13
$1.1M
2021
24
$829K
2022
13
$608K
2023
12
$1.2M
2024
15
$1.0M
2025
29
$1.4M
2026
5
12-month momentum
-28.0%
deal volume vs prior 12 mo
Median loan Δ
+68.4%
18 recent · 25 prior

Financing Profile

Median rate
9.50%
9% fixed · last 24 mo
Median term
120 mo
standard 10-yr
Collateralized
97%
of loans secured
Median jobs
11
supported per deal
Top lenders in this space
Live Oak Banking Company13
The Huntington National Bank6
Old National Bank5
T Bank, National Association4
Columbia Bank4
Where deals happen
CO9
MA9
NY8
MO7
NJ7
WA6
FL5
OH5
TX5
ID5

Recent Comparable Deals

ClosedStateLoanImplied dealJobsFranchise
Dec 2025WA$1.6M$1.9M11
Dec 2025NJ$1.1M$1.2M
Dec 2025WI$1.4M$1.6M13
Nov 2025NY$3.1M$3.7M22
Nov 2025NY$400K$471K22
Sep 2025IN$600K$706K28
Sep 2025AR$150K$177K12
Sep 2025AR$2.5M$3.0M12
Sep 2025NJ$2.2M$2.6M14
Aug 2025CO$1.2M$1.4M36
Volume rank #63/534Deal-size rank #187/534Momentum rank #154p90 loan: $3.2MData as of Dec 2025

Source: SBA 7(a) FOIA dataset, filtered to acquisitions (loans where business age is "Change of Ownership"). Implied deal size assumes an 85% loan-to-purchase ratio, a common SBA change-of-ownership structure. Charge-off rate shown only when 10+ loans have resolved (paid in full or charged off). Interest rates reflect last 24 months only. Actual deal values vary with equity injections, seller financing, and working capital terms.

Pros

  • +Specialized trade with less competition than general contracting
  • +High utilization drives strong margins (minimum fees + per-unit pricing)
  • +Repeat work from GC's and trades once you're trusted
  • +Scales with crews and dispatcher ops, not owner charisma

Cons

  • -Safety and compliance burden (silica, noise, fall hazards, rigging)
  • -Equipment is expensive and consumables (blades/bits) add up
  • -Demand is tied to construction cycles and project timing

Best For

Operators with construction experience who run tight safety systems and scheduling

Operating Costs

Major costs include skilled labor, trucks/trailers, insurance, equipment payments, blade/bit consumables, maintenance, and dust/slurry control.

SBA Financing Estimator

Adjust the deal — see if it cash flows after debt service

+$3K/mo
after debt service
Deal price — $1.1M
Range: $1.1M (2×) to $3.4M (3.5×+)
Down payment — 15% ($170K)
SBA minimum equity injection is 10% for change-of-ownership
Interest rate — 9.50%
SBA median for this category: 9.5%
Loan term — 10 years (120 mo)
SBA median for this category: 120 months
Down payment
$170K
15% equity injection
Loan amount
$961K
85% SBA-financed
Monthly payment
$12K/mo
$531K total interest
Monthly profit
$16K/mo
at 25% margin
Monthly cash flow after debt service
+$3K/mo
Down payment paid back in ~54 months

Estimates only. Excludes owner compensation, capex, working capital draws, and taxes. Margin assumes average occupancy and volume. Actual SBA terms vary by lender and borrower profile.

Where to Buy

BizBuySell

Search concrete cutting, sawing, coring, and specialty contractor listings

BizQuest

Browse businesses for sale related to concrete cutting and drilling

BusinessBroker.net

Marketplace search for concrete cutting and specialty trade businesses

45/100Fair

Acquisition Score

Profit margin
17/30
Entry multiple
23/25
Market depth
6/20
Risk (charge-off)
0/15
Deal momentum
0/10

Scores margin (30), entry multiple (25), SBA market depth (20), category risk (15), and deal momentum (10). Higher = better acquisition candidate.

Quick Facts

Category
service
Difficulty
4/5
Buy price
$1.5M$2.6M

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