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- RE: Geogrid Distributor For Retaining Wall Applications For Sale
- Contact: Shanon Madrid
Quick Facts
Asking Price: | $1,320,000 | |
Annual Revenue: | $1,100,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $293,923 | |
Total Debt: | Not Disclosed | |
FF&E: | $40,735 | |
Real Estate: | Not Disclosed | |
Year Established: | 2016 | |
Employees: | Not Disclosed | |
BBN Listing #: | SB-54672 | |
Broker Reference #: | DURHANC001-54672 |
Business Overview:
Developers have found that level, ready to develop and build on land surrounding major Metro markets is virtually non-existent, which requires the use of segmental wall systems to make the land suitable to build on. This company offers a high-strength polyester product commonly used in the segmental retaining wall industry referred to as geogrid. Compared to other systems such as cast in place concrete, segmental retaining walls with geogrid reinforcement are one of the most affordable solutions in the US today. Primarily used in residential, commercial, and industrial applications, the market supporting applications requiring these site walls include but are not limited to new residential developments, apartment complexes and condominiums, shopping centers, warehouse and distribution spaces, single-family residential homes, stand-alone buildings, and landfill expansions. Customer base includes segmental concrete block producers, direct sales to large segmental wall installers, and dealers/distributors for resale. This business is ready for growth with a direct sale client list available. One part-time person manages the warehouse, coordinates shipping in-house as well as with contract haulers, and manages many of the accounts. Easily transferrable to young entrepreneurs or an excellent add-on to current block manufacturers and distributors.
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Property Features and Assets:
3,000 SF open space warehouse with parking, outside storage, trailer, and skid steer
Market Competition and Expansion:
Huge opportunity for growth- current market is limited to NC, VA, and eastern TN which leaves a huge market in other growing communities.
Reason for Selling:
Partners would like to move on to other opportunities in a non-competitive space
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more North Carolina businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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