37382-Permanent Precast Concrete Foundations

SD

Seller Financing Available
37382-Permanent Precast Concrete Foundations
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Asking Price: Get Financing: $800,000

Cash Flow: N/A

Gross Revenue: $200,000

EBITDA: N/A

FF&E: $130,000

Inventory: N/A

Real Estate: $450,000

Established: N/A

37382-Permanent Precast Concrete Foundations

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Business Description

All inclusive! Located in South Dakota with excellent growth capabilities! This Company is well known for designing and manufacturing superior and unique insulated precast concrete panels and foundations for commercial manufactured housing dealers (60%), and other custom precast concrete products used for residential and commercial hardscapes (40%). They also emboss stamped colored concrete for residential and commercial patios, flooring, steps, and sidewalks. With custom designed augers, lift systems and other machines, there are many unique opportunities for growth. An ambitious new owner may even open additional locations across the country or try franchising this patented process. As the client contracts are a strong source of revenues, a new owner might consider approaching more dealers and manufacturers to dominates the industry. The owner strategically hires independent contractors as needed to service this regional area.

Founded over ten years ago, they currently hold a registered patent with the US Patent and Trademark Office for its unique precast concrete process and products. The patent gives added value to the Company’s products and processes, providing exclusive rights and protection for at least seven more years. Serving the construction industry, this business operates in a competitive industry. The Company differentiates itself with its high quality patented products and workmanship, timely completions, competitive pricing, and excellent customer service. These and other factors position the Company for continued success and long-term growth. This owner operated business is managed in a hands-on fashion giving the owner full control over the quality of products and the customer service provided. Contact us today for full details!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Building and land included in the sale. The 6,000 sq. ft. concrete facility was built to withstand cold temps, with low electric bills throughout the year.
Competition:
80% repeat clientele.
Growth & Expansion:
The Company is well known for designing and manufacturing superior and unique precast concrete panels and foundations for manufactured housing, and other custom precast concrete products used for residential and commercial hardscapes. A new owner might also find better profit retention through handling the concrete in house instead of purchasing it.
Financing:
Negotiable up to: 20.00 %
Support & Training:
The key employees including the foreman, will most likely stay on after the sale. The owner will be available to assist with the transitioning.
Reason for Selling:
Approaching retirement.
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IAG Buyer Division

Business Listed By:
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IAG

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