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
Number of Employees:
Building Sq. Ft.:
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. 7 years remaining on prepaid railroad land lease Valued in today's market $268,000.00.
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.
Retirement. Owners are motivated to sell. Easy terms available.
Experienced mold maker, experience production manager, Experienced estimator and CAD operator. 34 years experience available for initial break in period. Owners will be available for an extended period of time for consultation.
Dept free. Tooling: $2,776,000.00 Owners are willing to carry with terms.
Ad Detail Views:
Asking Price: $2,200,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed included in asking priceFF&E: $3,026,500 included in asking priceReal Estate: $990,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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