24-Year Concrete Forms Company

Business Overview:

Inventory is included at today's value over $11MMThis business is a vital part of the construction industry as they rent the column-mounted forms to the industry. The Company has purchased over $11,000,000 in inventory at today's steel prices. The Company designs, engineers, and manufactures metal forms that are used to pour concrete floors in high-rise and mid-rise buildings. Buildings have included hotels, condominiums, office buildings, college and military dorms, parking garages, hospitals, water reservoirs, wastewater treatment plants, box culverts, tunnels, and bridges. The Company is based in Jacksonville, FL, and is the only company on the East Coast is solely focused on column supported forming system. The Company uses a proprietary, advanced 'flying form' system, or deck grids, which are lifted in place by a crane and set in place on column mounted shoring jacks for pouring concrete floors and slabs. This system is 250% more efficient than its main competition, trusses, and 500% more efficient than hand set shoring or scaffolding.

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Market Competition and Expansion:

Very little competition since this forms Company has a proprietary process and products.

Reason for Selling:

Retirement

Additional Details:

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