Buying a concrete and masonry company in Jacksonville and Northeast Florida

• Several builder and contractor customers, so one builder's slowdown doesn't stop the company.
• Foremen who read plans and run a pour or a wall without the owner. A bad pour can't be undone, so judgment on site matters.
• Records showing margin per house, per square foot or per job, by customer.
• Steady work for property owners (driveways, patios, pool decks, repairs) to carry you when builders slow down.
• Reliable concrete and block suppliers that offer good credit terms and deliver on time.
• Few cracked slabs, failed inspections or callbacks (return trips to fix work).
• Crews that can work through Florida's summer heat and afternoon storms without losing pours or people.
• Forms, mixers, saws and trucks in good condition.

• Revenue by builder or contractor for three years: does one dominate?
• Money owed, including retainage (held back until the job is done), and how fast each builder pays.
• Callback and warranty history: cracked slabs, settlement, failed inspections, and any claims or lawsuits.
• Whether crews are employees or subcontractors, and proof of workers' compensation for everyone.
• Equipment such as pumps, mixers, skid steers, saws, trucks and forms: age, condition, and any financing.
• Supplier accounts, credit terms and any personal guarantees the owner signed, which you'll likely be asked to replace.
• How prices on fixed-price bids kept up with the cost of concrete, steel and block.
• Injury history and workers' compensation costs; this work is physically hard on crews.

• Who are your three biggest customers, and how long have you worked with each?
• How much of your work is for builders versus property owners?
• Who does the estimating, and who runs a pour when you're not there?
• What licenses or certifications do you have, and whose name are they in?
• Have you had any slab or foundation claims, and how did they turn out?
• What do you do when material prices jump after you've bid a job?
• Are your crews employees or subcontractors?

This region covers Duval, St. Johns, Clay, Nassau, Baker and Putnam counties: Jacksonville, Jacksonville Beach, St. Augustine, Ponte Vedra Beach, Orange Park, Fleming Island, Green Cove Springs, Fernandina Beach, Yulee, Macclenny and Palatka. Jacksonville merged with most of Duval County in 1968, which makes it the largest city by land area in the lower 48 states.

The economy leans on logistics, the Navy and financial services. Logistics runs through JAXPORT, major rail lines and the meeting of Interstates 95 and 10. The Navy has Naval Air Station Jacksonville and Naval Station Mayport. Insurance and health care matter too. St. Augustine, founded by the Spanish in 1565, and Amelia Island draw steady tourism. Trucking and logistics firms, the building trades, medical practices and home services all fit this market.

Northeast Florida is less seasonal than South or Southwest Florida, with fewer winter residents and more year-round employers. Direct hurricane landfalls have been less common here than on other parts of the coast, but storms still bring flooding along the St. Johns River and the beaches, so check insurance costs and flood zones.

Military families bring skilled workers and working spouses into the labor pool, though they also move on when orders change. St. Johns, Clay and Nassau have added the most new homes, and companies serving those suburbs have grown with them. Georgia is close, and some companies here serve customers across the state line. Work in Georgia may need Georgia licenses, so ask how much revenue comes from there and who holds those licenses.