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- RE: Ready Mix Concrete Manufacturing
- Contact: Vince Liuzzi
Quick Facts
Asking Price: | $575,000 | |
Annual Revenue: | $350,105 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $100,811 | |
Total Debt: | Not Disclosed | |
FF&E: | $443,050 | |
Real Estate: | Not Disclosed | |
Year Established: | 1949 | |
Employees: | 4 | |
BBN Listing #: | 945593 | |
Broker Reference #: | 022822-169815 |
Business Overview:
75 Years of Success in Ready Mix Concrete Manufacturing
This business is a long-standing and accomplished player in the Ready Mix Concrete Manufacturing industry, boasting over 75 years of success. With a rich history of delivering high-quality concrete products, it has established itself as a reliable and reputable supplier in the market. Throughout its extensive tenure, the business has built strong relationships with clients and earned a solid reputation for excellence in service and product quality.
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Property Features and Assets:
Real Estate Asking Price: $450,000.00
Square Units (Foot, Meter): 2,526
Facilities: The business operates from an owned 5.01-acre property that encompasses a business office, a newly constructed batch plant, utility buildings, and ample space for operational activities and expansion.
The business premises cover a total building space of 2,526 square feet, including a 1,326 square-foot office building and a 1,200 square-foot utility building.
FF&E Overview: New batch plant installed 2023
Market Competition and Expansion:
Competition:
Perfectly positioned in Northeast Ohio, the company benefits from its strategic location that strengthens competitive edge over rivals. Its proximity to suppliers ensures a stable and timely supply chain, while its accessibility to island and lakefront communities presents a unique market segment that competitors, especially those operating from farther afield in Erie and Sandusky counties, find challenging to service effectively due to the perishable nature of ready-mix concrete.
Expansion:
Revenue for the past years has shown significant growth, with a move towards expanding operations through various identified avenues such as recycling of vegetation debris, adding trucks for increased delivery capability, and exploring new markets in Northeast Ohio.
The operational structure ensures minimal dependency on the owner, with the team handling sales, consultation, and project coordination effectively. The business stands as the only ready mix concrete provider headquartered in its service area, offering a unique advantage in terms of delivery.
Reason for Selling:
RetirementAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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