Manufacturer of precast concrete products
Manufacturer of precast concrete products
Price: $2,600,000
Location: Tennessee
Industry: Manufacturing
Listing ID: 20290
Profitable 20+ year old manufacturer of precast concrete products. Broad customer base with low concentration. Products include water tanks (septic/step tanks), storm shelters, farm products (cattle gaps, feeding troughs, watering troughs), parking curbs, retaining wall blocks, splash blocks, stepping stones, and others. The company's name recognition and reputation are phenomenal. Their manufacturing process generates the highest-quality products available. Municipalities regularly refer customers to the company because they know only the highest quality products will be delivered.
Cash Flow: Inquire for Information
EBITDA: $540,000
Accounts Receivable: $100,000 (Included in Price)
FFE Included: Yes
FFE: $1,250,000
Reason For Sale:
Retirement / health related
Training & Support:
Seller will provide 3 months of training and transition support
Year Established: 2000
Days & Hours of Operation: M-F 8:00 - 5:00
Owner Hours Per Week: M-F 8:00 - 5:00
Non-Owner Payroll: $357,248
Employees: 11
Type of Location: Owned real estate
Square Footage: 20,000
Facilities Information:
4.25 acres with 3 buildings (office, manufacturing facility, shop). 20,000 + s.f.
Historical Summary:
Company has a 20+ year history making precast concrete products.
Owner Qualifications:
Sales, customer service, operations and manufacturing experience are a big plus. Seller will provide transition for these areas with buyer or buyer's employees.
Competition:
There are 3 other companies within 100 miles of the company that provide similar products. None have the history of quality manufactured products.
Potential Growth:
Construction in the middle Tennessee market remains among the strongest in the country. As construction outpaces existing public sewer capacity, demand for the company tanks will continue to increase with most new construction using septic or "step" systems instead of public sewer.
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