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




Lease Rate/Sq. Ft.:N/A


Leading Supplier and Manufacturer Concrete Construction Supplies

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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

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

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Troy Jenkins

Business Listed By:
Troy Jenkins

ACT Capital Advisors

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Sponsoring Broker:
Robert Hild

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