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Listing ID: 3020575

Concrete Product Manufacturer - Asset Sale For Sale

Kentucky, United States

$ 2,500,000

(Furniture / Fixtures and Inventory / Stock included)
(Real Estate Included)

Revenue: $ 2,827,311

Cash Flow: $ 419,237

Business Description

Manufacturer and distributor of precast and packaged concrete products. Licensing agreements with popular product lines and distribution agreements with building product suppliers and retail stores. Sales and production staffs in place. Opportunity to create new products, identify new markets, and private label products for mass retailers. Priced at value of assets including production plants, equipment and real estate.

Revenue and Cash Flow are projected 2019 numbers based on six months of fiscal year.

Brokers: 50/50 co-broke with BBF and AFLBB members as well as IBBA CBIs. All others shall be on a referral basis only.

Property Details

Years Established:

1993

Property Type:

Real

FF&E:

$ 1,300,000

Inventory Value:

$ 330,000

Real Estate Value:

$ 600,000

Other Details

Business Location:

Rural area

Premise Details:

Concrete Plant 8,175 SF and Packaging Plant 9,000 SF are included in the offering price. Office 4,500 SF for lease at $1500/month NNN with option to purchase.

Expansion Potential:

Acquisition of this business includes the following buyer’s opportunities: • Expand custom packaging options, sizes, types, etc.. • Offer private labeling for resellers, e.g., farm, hardware and supply stores and distributors. • Challenge sales staff to identify new, high margin products, e.g., utility boxes for municipalities. • Continue waste reduction efforts through employee training and improved production systems. • Investigate product price elasticity.

Operation Details

Employees:

16

Support & Training:

Four weeks of transition assistance at no charge.

Miscellaneous

Financing Available:

Yes
Depending on buyer experience and credit history

Reason For Selling:

Retirement

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