Precast Concrete & Stone Manufacturer & Retailer for Sale ~ NC

New Bern, NC (Craven County)

Precast Ornamental Fountain

Asking Price:$199,900

Cash Flow:$76,000

Gross Revenue:$321,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:1984

Precast Concrete & Stone Manufacturer & Retailer for Sale ~ NC

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Business Description

Craven Precast Products, located in scenic New Bern, North Carolina is a well established manufacturer and retailer of precast concrete products and stone veneers. The product range includes
ornamental precast products, custom-colored stone veneers, architectural
stone accessories, and precast products for various commercial
applications. This is a leading regional supplier of precast concrete
products and stone veneers that has served the Coastal North Carolina
area for over 30 years. The company offers premier service to builders,
developers, contractors, architects, designers and home owners in a full
range of ornamental, commercial and custom products.

High visibility location on a major high-traffic corridor with access to
multiple metropolitan areas. Regional residential construction growth
supported by the attractive cost of living, a nationally recognized
retirement community, and continued growth in coastal vacation and high
end second home communities.

The company excels at custom coloring of stone veneer and works
closely with designers, builders and home owners in both interior and
exterior applications, to achieve unique design results. The precast
concrete products include statuary and garden art, birdbaths and bird
feeders, fountains, etc. The pieces are available in traditional gray,
colored concrete, or custom hand painted. The company manufactures a
full range of commercial products including parking bumpers, finials, risers,
park benches, septic tank lids, splash blocks, and valve collars, among
other things.

If you are ready to own your own business and have an interest in the
design of unique building and landscaping products, this will be a
rewarding opportunity. The owner is retiring but will work with the new
buyer to facilitate a smooth transition. Call us to find out more about this
business opportunity!

Detailed Information

Inventory:
Included in asking price
Facilities:
Located on US 70 East, in a high traffic and high visibility commercial area. The 1 - acre site features two buildings with a retail yard and manufacturing site, including 5,000+ sq ft of facilities, office and showroom.There is ample room on the site for expansion, and adequate customer parking.
Competition:
The company benefits from limited direct competition on most of their products. Big Box stores, regional building supply companies, hardware stores, and lawn and garden centers compete on some of their products. This company excels in custom work, and is differentiated by their competitive pricing, diverse product mix, strong customer focus, and a value-added service ethic.
Growth & Expansion:
There are significant opportunities for growth and expansion. Area residential and commercial construction markets rebounding, large area military bases expanding, nationally recognized retirement communities creating strong demand for landscaping products, garden statuary, stone veneer and natural stone. Diverse product mix provides dexterity in business model. Loyal customer base spans multiple business sectors. This business could expand its geographical reach considerably with a well crafted web-based sales and marketing strategy.
Financing:
Negotiable
Support & Training:
Owner will train new owner on key skills to manage the business and to ensure an effective transition of key customer relationships with a loyal customer base of builders, architects, landscape designers, contractors, and homeowners.
Reason for Selling:
Retirement
Business Website:
http://www.cravenprecast.com

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Robert Millns

Business Listed By:
Robert Millns

North Carolina Business Brokers LLC, / Sunbelt Business Brokers

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Sponsoring Broker:
Alex Frelier

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