Precast plant for sale. Southern California

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Business Description

Fully operational precast plant. Self sufficient mold shop, welding shop, CAD services, manufacturing shop. We manufacture architectural precast concrete and GFRC for commercial, educational, governmental, hospitality and residential projects. This business has been established for 20 years. (3,285 plus molds).

About the Business

Year Established:
1997
Number of Employees:
12
Relocatable:
Yes
Real Estate:
Owned
Building Sq. Ft.:
13,200
Facilities:
Batching machine, three forklifts, sandblasting equipment, welding equipment, GFRC equipment, compressor (corkscrew),(3,224 plus molds valued at $2,776,500.00), storage racks, 5 storage bins, 1-1/2 acre yard, 13,200 sq.ft. building. 6 desk office in 4 rooms w/computers, printers, large collating copier, other usual office equipment and supplies. 6.5 years remaining on prepaid railroad land lease estimated lease valued in today's market $134,000.00.
Market Outlook/
Competition:
Very competitive in the architectural precast industry. Limited marketing and sales have been done by current owners . Nationwide reach with website. Often specified by architects. Prime location.
Growth & Expansion:
Potential for growth if acquired by a party with a sales force in place or the ability to better market the business. Potential for economies of scale if acquired by similar industry player. Large underutilized yard space. Property is located on railroad land and has seven years of prepaid lease included in asking price.
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About the Sale

Reason For Selling:
Retirement. Owners are motivated to sell. Easy terms available.
Training/Support:
Experienced mold maker, experience production manager, Experienced estimator and CAD operator. 34 years of experience available for initial break in period. Owners will be available for an extended period of time for consultation.
Seller Financing:
Dept free. Tooling: $2,776,000.00 Owners are willing to carry with terms.

Listing Info

ID:
1341980
Ad Detail Views:
725

Attached Files Attachment Disclaimer

  Un-disclosed NDA.doc (32 KB)
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  A-Sensitive information.docx (12 KB)
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Asking Price:
$950,000

Gross Revenue:
$1,200,000
Cash Flow:
$100,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
$3,026,500
included in asking price

Real Estate:
$990,000
not included in asking price

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