Business Broker.Net | Connecting Business Buyers and Sellers

Asking Price:	$2,000,000 USD USA Dollars
Business for Sale Industry:	Manufacturing: Wood, Stone, Concrete
Reason for Selling:	Owner is retiring.
Year Established:	1965
# of Employees:	12
Yearly Revenues:	$2268064
Yearly Cash Flow:	$408000
Yearly EBITDA:	$370000
Yearly Net Profit:	$150000
Yearly Gross Income:	$2268064

Business for Sale Overview:

This company is a well-established independent manufacturer of concrete septic systems, lint/grease interceptors (traps), catch basins, and concrete pipe. They are a respected supplier to contractors through eight target market areas in the state of Texas. Offering wet and dry cast forming products at extremely competitive prices and a broad variety of labor-saving plumbing products they have become well known for quality, price, convenience, and great customer service. This manufacturing company has taken the time to build solid relationships with contractors and plumbing contractors that will last for years to come. All the necessary operational components are included: a convenient location, plant, rolling stock and molds. This business is well-organized with competent employees in key positions. They offer widely known products including Aquaklear Aerobic Systems, K-rain Valves, Geo-Flow Irrigation Supplies, Steel Manhole Rings, Lids and Grates, Myer's Sub-Pumps, SPI Control Boxes, Polylok, and Tuff-Tite; and deliver these products to all 8 market areas from their single operating location. They also provide certified and efficient service in all areas of this business. Devotion to solid customer relationships, quality products, increasing efficiency, convenience and decades of experience have all combined to create a significant competitive advantage. Cash flow is strong with over $400,000 in projected owner benefit for 2008; with sales of approximately $2.2M. This manufacturing company has an established reputation for exceptional service, and is characterized by a competitive spirit and over many years of demonstrated effective execution. They are clearly ready to move to the next level with a Buyer that shares that spirit.

Property Features and Assets:

150' X 60' Production Building; 40' X 25' Shop; 32 X 34 Office; 2 Silos; At intersection of busy state hwy & county rd, with frontage on both. Excellent access & public exposure

Market Competition and Expansion:

This business is differentiated by a developed reputation of integrity and customer service. Some company advantages are the price and reliability of systems and a market area of only a few competitors. The business' disadvantage is that the heavy weight of the concrete restricts the distribution area.

Additional Details:

• The property is owned.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.