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Concrete Product Manufacturer - Asset Sale

KY

Seller Financing Available
Concrete Product Manufacturer - Asset Sale
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Asking Price: $2,500,000

Cash Flow: $419,237

Gross Revenue: $2,827,311

EBITDA: N/A

FF&E: $1,300,000

Inventory: $300,000

Real Estate: $600,000

Established: 1991

Concrete Product Manufacturer - Asset Sale

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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.

Gross 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.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
17,125
Employees:
60
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
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.
Growth & Expansion:
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.
Financing:
Depending on buyer experience and credit history
Support & Training:
Four weeks of transition assistance free of charge
Reason for Selling:
Retirement
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Eric Gall

Business Listed By:
Eric Gall

Edison Business Advisors

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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