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Ready-Mix Concrete Manufacturing & Delivery (17772)
Management and supervisors in place! This highly profitable dry mix concrete manufacturing company utilizes a proprietary process to produce eco-friendly concrete products that are highly sought after in the residential construction industry. Operating from the Portland-Vancouver-Hillsboro Metro Area, this company is a popular manufacturer of eco-friendly Ready-Mix concrete and concrete delivery services. The primary product line consists of its own brand of ready mix concrete sold to contractors including pervious, cement, colored concrete and more. Company owned equipment specific to construction projects is utilized for concrete pouring services. The facility includes a concrete plant, modular office and a body shop. An adjacent 1.5 acre lot can be purchased, as property ownership is flexible with both lease and purchase options. The corporate owned equipment includes flatbeds, cement mixing trucks, pumps and large concrete cranes. The pandemic had minimal effects in 2020 with total revenues of $7,986,279 and Seller’s Discretionary Earnings of $1,705,733. Revenues in 2021 were north of $9 Million with a net income of $2,664,487. Since its inception, the company has grown, with the majority of its revenues coming from repeat business through residential and commercial building contractors. The company has a proven track record of being able to manufacture concrete products using new green-tech procedures, while also maintaining high quality standards that customers expect. With 16 employees, further growth opportunities exist in hiring more employees to service the metro area in its entirety.
Listed By: Paula Kruger
Background information
Seller Number:
17772
Year established:
2006
Reason selling:
Approaching retirement and/or pursuing other interests.
Finance
Sales:
$9,000,000
Profits:
$2,664,487
Profit type:
Discretionary Earnings
Operations
Employees:
16 nonunion.
Equipment:
$3,000,000
Inventory:
N/A.
Premises
Facility:
Property valued at $1,500,000 comes included within Asking Price!
Square footage:
1.5 acre lot
Opportunities
Market:
Website, Social Media & Referral Sources.
Price and terms
Price:
$9,200,000
Financing:
Negotiable up to 20% for the right buyer.
Owner Transition:
12 month period to acclimate ownership.