Asking Price: Not Disclosed Gross Revenue: $4,000,000Cash Flow: $700,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $200,000 not included in asking priceFF&E: $1,440,000 included in asking priceReal Estate: $2,800,000 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.
This is a well-established, profitable manufacturer of ready mix and precast concrete products as well as a supplier of sand, stone and gravel from the company’s quarry. The company produces quality product meeting the needs of a loyal, repeat customer base.
The business with revenue of over $4 million in 2017, generating an operating income of $700,000 before paying salaries to its 3 owners. The business is being offered for sale at its underlying asset value.
About the Business
Number of Employees:
There are 3 distinct parcels of real estate on 143 acres. A total of 7 buildings includes encompass 45,000 sq. ft. The facilities include an updated, fully automated batch plant with an area for pouring precast products, another plant in a different market area for precast products. There is also a quarry on 110 acres with a permit to use 75 acres for mining and crushing rock and gravel. In addition to the real estate, the batch plant, an aggregate processing plant, and a full array of concrete mixers, boom trucks, dump trucks, loaders, bulldozers and more are included.
There are a number of regional manufacturers, 4 of whom are prime competitors. This company performs well because of quality product, on time deliveries and long-term relationships.
Growth & Expansion:
There is significant excess plant capacity at the batch plant. The second facility is in a vibrant growing market area. The current owners have indicated that if they planned to own the business for the next few years, they would add a batch plant to this location. The current level of business is comfortable, and management has chosen to focus its efforts on contractors who serve residential markets. However, there is no reason to not pursue modest commercial jobs.
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or stake in the sale of this business and has not verified any of the information
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