Specialty Concrete Company
Background information
Reference:
0058
Year established:
2009
Reason selling:
Retirement
Finance
Sales:
$1,494,206
Profits:
$281,157
Profit type:
Discretionary Earnings
Operations
Employees:
There are typically 10 employees including the owner. Depending on demand, the business will hire additional labor as needed.
Equipment:
This business is fully equipped with up to date and well maintain equipment to handle all there project types.
Inventory:
This business carries no inventory. All inventory is order by job.
Premises
Facility:
The subject property is a self contained structure located in St. Louis, that includes 1.94 acres of secured outside area. The 10,928 SF building is fully conditioned, as well as sprinklered (dry system).
Square footage:
10928
Rent and lease terms:
Rental rate is $4000 based on a 5 year lease term. Real Estate is owned in a separate entity by the seller and is available.
Location:
St. Louis, Missouri
Opportunities
Growth:
This business has seen steady growth over the last several years and benefits from a very strong reputation in the market place.
Market:
Commercial clients throughout St. Louis and surrounding areas.
Price and terms
Price:
$799,000
Down payment:
$80,000
Financing:
This business is SBA pre-approved.
Training:
Seller will train for 30 days as needed. Key employees are very capable of handling any onsite job requirements. Seller will help with the sales and bidding processes as well as making vendor introductions to ensure a smooth transition.