Concrete Company & Land w/ Direct Access to HWY 85
Building and Const. Services - Construction Sub-Contractors | Real Estate - Business Real Estate for Sale
| Asking Price: | Not Disclosed | Inventory: | $155,000 ++ |
| Gross Revenue: | $1,092,581 | Real Estate: | $1,750,000 ** |
| Cash Flow: | $185,537 | FF&E: | $500,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
Well established family owned concrete company with contracts throughout Colorado. Great 14 acre site with customized buildings and land on Highway 85 available as well. The company's specialized work includes custom window sills, architecture, and landscaping enhancements. Past work includes finishing work on city and county buildings & commercial construction projects. The sale includes two batch plants, vehicles, loader and forklifts. Impeccable reputation and 22 year track record. Buildings include an office, production shop, weld shop and wood shop. Current business only occupies 7 of the 14 acres.
About the Business
Year Established:1986
Employees:18 full time -
Relocatable:Yes
Facilities:All the needed inventory, batch plants, vehicles and related fixed assets included. Good highway acces. Buildings - nice 2150 s.f. brick office with central air and heat; 16,000 s.f. production shop with five 14 ft. high doors, and radiant heat; 1200 s.f. weld shop with two 14 ft. high doors; 1700 s.f. wood shop framed with composite shingles w bathroom and breakroom & two 10x10 overhead doors
Market Outlook and Competition:The company can be moved off its current location or out of state. With only 7 of the current 14 acres in use, many options are available for the needs of the right buyer. High demand location, only 3-4 miles from new E-470 Interstate northeast of Denver. Long history of great work plays well for the new owner. No nearby direct competition for pre-cast forms. North Denver area is expanding with growth, including individual and government contracts. In prior years the company approached $1.9M in revenue. In 2006 the company had a major customer project require major attention and lost revenu momentum. They underwent thorough restructuring to correct prior manager missteps. Staff was reduced from 40 to 18.
About the Sale
Reason For Selling:Pursue other business opportunity
KEYWORDS: concrete, land, construction, commercial construction, commercial land
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