Long Standing Ready Mix Concrete Manufacturing In Ottawa County For Sale

Property Information

Location:

Real Estate Asking Price: $450,000.00

Square Units (Foot, Meter): 2,526

Facilities: The business operates from an owned 5.01-acre property that encompasses a business office, a newly constructed batch plant, utility buildings, and ample space for operational activities and expansion.

The business premises cover a total building space of 2,526 square feet, including a 1,326 square-foot office building and a 1,200 square-foot utility building.

Premises Details:

FF&E Overview: New batch plant installed 2023

Business Operation

Expansion Potential:

Revenue for the past years has shown significant growth, with a move towards expanding operations through various identified avenues such as recycling of vegetation debris, adding trucks for increased delivery capability, and exploring new markets in Northeast Ohio.

The operational structure ensures minimal dependency on the owner, with the team handling sales, consultation, and project coordination effectively. The business stands as the only ready mix concrete provider headquartered in its service area, offering a unique advantage in terms of delivery times and service availability to the island communities and nearby regions

Competition / Market:

Perfectly positioned in Northeast Ohio, the company benefits from its strategic location that strengthens competitive edge over rivals. Its proximity to suppliers ensures a stable and timely supply chain, while its accessibility to island and lakefront communities presents a unique market segment that competitors, especially those operating from farther afield in Erie and Sandusky counties, find challenging to service effectively due to the perishable nature of ready-mix concrete.

Moreover, the business's location allows it to contribute significantly to local infrastructure projects, further strengthening its market position. The competitive landscape features various competitors, each presenting strengths in historical presence, pricing, and geographic reach. However, these competitors are either geographically distant or face internal challenges such as quality control and leadership issues, which the company capitalizes on to maintain and expand its customer base.

Despite these advantages, the company continuously assesses the competitive landscape to identify shifts in customer preferences, market dynamics, and new entrants that could impact its market position. This vigilance ensures the company remains a preferred provider in the ready-mix concrete manufacturing industry, safeguarding its future growth and sustainability.

Reasons for selling:

Retirement

Trading hours:

M-F 9am - 3pm

Employees:

4

Years established:

1949

Other Information

Support & training:

# of Weeks Seller Will Offer Training: 4

Owner financing:

Owner financing is available. Please contact the seller for more information.

Furniture / Fixtures value:

$443,050 - included in the asking price

Inventory / Stock value:

$50,000 - included in the asking price