Leading Supplier and Manufacturer Concrete Construction Supplies

Mercer Island, WA (King County)

Leading Supplier and Manufacturer Concrete Construction Supplies

Asking Price:N/A

Cash Flow:$1,200,000

Gross Revenue:$11,000,000

EBITDA:$1,200,000

FF&E:N/A

Inventory:N/A

Rate/Sq. Ft.:N/A

Established:1960

Leading Supplier and Manufacturer Concrete Construction Supplies

Get Financing Save Print Share Valuation Report

Business Description

The Company is a supplier of concrete construction supplies in the Pacific Northwest. The following are key investment considerations:

Ø High Growth Market: A robust and diversified economy combined with unprecedented foreign and domestic migration to the Pacific Northwest, provides a firm foundation for continued demand for commercial and residential construction;

o Seattle Growth. Forbes listed Seattle as the fourth fastest growing city in the
US with year over year growth of 2.3%;

o Commercial Construction. 25 new high-rise buildings are under
construction in the Puget Sound area, representing 7.7MM sq. ft. of new office
space;

o Residential Housing Market. Demand exceeds supply, with the average
home being on the market less than 30 days with 8 to 10 offers. In the past
year, the mean housing price in the area increased by 14%;

o High Skilled Jobs – Microsoft, Amazon, T-Mobile, Expedia, Boeing, and F-5
Networks, are just a few of the fortune 500 companies head quartered in Puget Sound with extensive high skill job openings, driving the domestic and foreign migration to the area;

o Port of Seattle-Tacoma – Exports grew 12% year over year at the nation’s third busiest port representing 138.1B in economic activity;

Ø Solid Revenue Growth: 14.7% Average revenue growth.

Ø Market Share: Successfully acquired 15% of the Pacific Northwest market;

Ø Established Branded Enterprise: Developed a brand name synonymous with
reliable and high quality customer service;

Ø Geographic Expansion: Strong brand identity and customer demand allows for
expansion of additional locations throughout the region;

Ø Management Team: Highly capable management team willing to remain and
operate the company for two years or until replaced;

Ø Customer Base: Nearly 900 customer accounts with largest customer
representing only 10% of revenue;

Ø Knowledge base: An outstanding Company culture engenders high employee
loyalty and low turnover resulting in a highly knowledgeable staff;

Ø Manufacturing: High quality products with short turnaround sold directly to
customers and competitors.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
N/A
Lease Expiration:
N/A
Employees:
30

Listing Statistics for Premium Members

Ad#:1295618 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Troy Jenkins

Business Listed By:
Troy Jenkins

ACT Capital Advisors

Show Phone Number

View My Listings


Sponsoring Broker:
Robert Hild

Find out more...

Get more details about this business.


Similar Listings


One Day Doors & Closets

Franchise Opportunity In WA
Capital Required: $75,000