Niche Concrete Company for Sale
| Asking Price: | $775,000 | Inventory: | |
| Gross Revenue: | $2,000,000 (comments below) | Real Estate: | $225,000 ** |
| Cash Flow: | $275,000 (comments below) | FF&E: | $170,000 ++ |
| ++ included in the asking price ** not included in the asking price |
| Gross Revenue Comments: Sales increased dramatically in recession |
| Cash Flow Comments: Cash flow increasing each year |
The company is positioned in a unique niche of the concrete sector. The Company has demonstrated strong growth during the recession and is on schedule to have a substantial increase in sales in the current year of 2009. Owner's commitment to work with a prospective buyer for 24 months to increase sales is virtually unheard of in today's market. Obviously, he is confident that this business has no where to go but up. Make sure that you don't pass up the opportunity to review this compelling opportunity.
About the Business
Year Established:1998
Employees:15 full time - 0 part time
Facilities:The business comes equipped with all of the tools, equipment and vehicles to handle all of the work that has been engaged.
Market Outlook and Competition:Multiple internet rating services rank this Company as a leader in its concrete niche. The owner makes sure that the Company is Customer-centric and potentially earns a handsome profit margin on each engagement.
About the Sale
Management Training and Support:The owner would like to focus on “selling for the new Owner” as opposed to being the owner himself. He is committed to making a new owner successful and would be very interested in continuing on with the Company as a sales person for a period of 12 to 24 months or longer under a mutually beneficial commission arrangement. Owner will provide 30 days of general training at no cost.
Reason For Selling:The owner wants to focus on the Sales effort for new Buyer.
Seller Financing:Owner will offer $75,000 as a quasi earn out at 1% of monthly sales which ceases when cap is realized.
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