8.5 AC Precast Operation with Real Estate in SW Florida

Bonita Springs, FL (Lee County)

Seller Financing Available
8.5 AC Precast Operation with Real Estate in SW Florida

Asking Price:$6,000,000

Cash Flow:$769,425

Gross Revenue:$4,202,721

EBITDA:$798,270

FF&E:$1,000,000

Inventory:N/A

Real Estate:$3,000,000

Established:1963

8.5 AC Precast Operation with Real Estate in SW Florida

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Business Description

Fortune International Realty's Industrial team is proud to exclusively present a 8.5 Acre Precast manufacturing operation in Lee County, Fl (Near Naples). Business and real estate included. A privately owned company with a history in the concrete industry dating back to 1963 and the precast industry in 1979. The Florida Department of Transportation certified plant produces an array of precast products and ships them all over the state. With only a handful of competitors bidding on small and mid size jobs, the business enjoys a niche in the SW Corner of the state. Equipment, goodwill, real estate included. Municipal water and sewer. Heavy industrial zoning is grandfathered in so corporation must be purchased. Potential for other heavy industrial uses such as ready mix, asphalt, ect as long as grandfathered in use is maintained.

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Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
1,500
Employees:
+/- 30
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
8.5 Acre facility, fully permitted and FDOT certified.
Competition:
Very few competitors in the small to mid range job precast industry. Only a handful in Florida and they each have their own specialties.
Growth & Expansion:
The business is limited in growth due to no more available land in the area with the correct zoning. This is a market advantage. In the height of the market in 2007, sales were around $7m.
Financing:
available on real estate
Support & Training:
Owner will stay on board for training/ transition period.
Reason for Selling:
retirement

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Andros Sarduy P.A

Business Listed By:
Andros Sarduy P.A

Fortune International Realty

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Sponsoring Broker:
Eduardo Azofra

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