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  • RE:  Growing South Central Concrete Supplier
  • Contact:  Doug Scheiding

Quick Facts

Asking Price: $12,500,000
Annual Revenue: $10,600,000
Net Profit: Not Disclosed
Cash Flow: $2,470,000
Total Debt: Not Disclosed
FF&E: $4,500,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 27
BBN Listing #: 955101
Broker Reference #: S509

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Business Overview:

Long Term Contracts - Includes $4.5 in assets - Recurring Revenue from Repeat Clients

Revenue is up over 26% in Q1& Q2 2024 over same period last year. This highly profitable concrete supplier provides a broad range of construction services providing value to their clients as the go to company in the area for concrete services. Because of their unique offerings and reputation for expedient quality work, they have a loyal customer base while providing flexibility to their clients. This has recently led to them becoming the go to concrete supplier on several new ongoing projects in 2024 continuing through 2025 and beyond. The business has an A+ rating by the BBB. The business is currently run by the General Manager that is excited about the opportunity to work with new ownership.

The business is being offered for owner consolidation and semi-retirement reasons. It is felt the business is at a tipping point as it is estimated that there is a 33% excess capacity with current equipment and believe that new ownership concentrating on the business could grow it with minimal investment. The owners will continue a tenant friendly lease if desired at the current location. The business has nearly $4.5-5M in total assets and will be sold free and clear. This is structured as an asset sale and is neither an offer nor a solicitation to sell securities.

Real Estate: Leased

Employees: 27

Furniture, Fixtures, & Equipment (FF&E): Included in asking price

Facilities: The owners will continue a tenant friendly lease if desired at the current location.


Support & Training: A meaningful training & transition with a reasonable non-compete will be provided to help in the transfer of the customer relationships.
Reason for Selling: Semi-Retirement.

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Reason for Selling:

Semi-Retorement

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

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