MergerPlace

Premier CONCRETE Pre-Cast

Mountain, Utah (Salt Lake)


  • Asking Price: $11,500,000
  • Gross Income: $7,702,283
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #201403
  • Established: Not Disclosed
  • Employees:

Business Description

This company is one of the premier providers of precast products. Since January 2016 the company has invested more than $1 million in capital expenditures, especially in forms and molds, vehicles, and loaders and unloaders. The investments have equipped the company with greater capacity to compete for even larger projects. As a result, the company is profitable, cash-flow positive and growing.

The recently-appraised value for the Real Estate (two working lots) is $3,680,000 including buildings and improvements.
Another plus is access to a yet-to-be-developed sand and gravel pit site. The engineering report found that the prospective pit has a high ratio of gravel to sand; 77/22.

In short, this is a seasoned company built to grow for another 50 years.

The listing price is $11,500,00.

Five reasons to buy this company now:
o Nearly 1/3 of the company’s assets (at book value) are less than
18 months old.
o Profitable, growing, cash-flowing business
o Company has both the necessary space and a clear strategy for
growth
o The economy of the area, the company’s primary sales territories,
are growing faster than the country as a whole
o The gravel and sand business could be developed as a long-term
growth driver for the company, or sold to raise cash


Business Details

Primary Business Category: Manufacturing - Miscellaneous Manufacturing
Location: Utah
Metropolitan Area: Mountain
County: Salt Lake

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $11,500,000
Gross Revenue: $7,702,283
Seller Financing Available: No

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Business Listed By:

Darlynn Anderson

Business Resource Center