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Reputable Concrete Business With High Value Assets! In Eastern Nebraska For Sale

Eastern NE., Nebraska, US
Asking Price:
$2,550,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$3,000,000
Cash Flow:
$293,962

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!

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.

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