Open for four decades in Eastern Nebraska, concrete business specializes in flatwork and foundations as a subcontractor for general projects, from precise flooring and driveways to parking lots, poured walls, and more. The company uses state-of-the-art equipment to cater for the Commercial (50%), Defense (25%), Agriculture (20%), and Residential (5%) markets while enjoying years of top ratings. Workplace is a pairing of storage facilities that total up to 13,000 square feet and are situated with a 3+ acre yard, property comes surrounded by security cameras and holds renewable tenancies. The buildings found in excellent condition are industrially zoned to handle extra capacity for strategic expansions, with a flexibility for optimizations that allows ongoing services for an in-state base or a radius of 100 miles. With upcoming bidding on larger projects to increase sales, projections for Revenues on 2022 reach $3,000,000 (from $2.6 Million in 2021) alongside Discretionary Earnings of $293,962 and EBITDA values up to $162,353. Experienced team of thirteen nonunion employees are most likely to remain post-purchase and continue quality-focused operations after a transition period of twelve months, with owner keeping manager role throughout. Besides a maintained website, advertising in their state fair and online phonebook, promotive efforts center on backed referral sources from a large and recurring customer base, with potentials to engage in social media. Price is based on the value of assets from on an independent evaluation!
- Asking Price:
- $2,550,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $3,000,000
- Cash Flow:
- $293,962
Property Information
- Real Estate:
-
Lease
- Location:
-
Property marketed for $650,000 is available for optional purchase.
- Premises Details:
-
Listing includes Vehicles valued at $219,080
- Size in square feet:
- 3,000+/- over a 3+ acre lot.
Business Operation
- Reasons for selling:
-
Approaching retirement and/or pursuing other interests.
- Trading hours:
-
Monday to Friday 8AM - 5PM.
- Employees:
- 13 nonunion.
- Years established:
- 1976
Other Information
- Support & training:
-
Owner Transition period of 12 months, owner keeping managerial roles.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Negotiable up to 20% for the right buyer.
- Furniture / Fixtures value:
- $2,324,605 - included in the asking price
- Inventory / Stock value:
- $50,000 - included in the asking price
- Relocatable:
- This business can be relocated.