Precast Concrete Company for Sale

Not Disclosed, VA
Richmond City County

Central Virginia

Asking Price: Annual Revenue:
$1,600,000 $2,500,000

Manufacturing: Wood, Stone, Concrete

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RE: Precast Concrete Company for Sale Broker: Gavin P Raphael
Owner Financing is Available!

Quick Facts

Asking Price: $1,600,000
Annual Revenue: $2,500,000
Net Profit: $500,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $400,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 8
BBN Listing #: 176148609
Broker Reference #: Not Disclosed

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Business Overview:

Light & Raphael is pleased to offer for acquisition a very profitable precast concrete and read-mix concrete company located in Central Virginia. It is equipped with everything needed to operate a successful business. Revenues and profits have both been trending upwards in recent years. The company has a strong reputation in its market and a skilled team. The company does no advertising due to its strong recurring client base. The real estate is also available for purchase.

The Company derives approximately 80% of its revenues from precast products and 20% of revenues from ready-mix concrete.

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Property Features and Assets:

Property is also for sale for an additional $500,000. It includes 3.5 acres, an office building as well as a warehouse/shop.

Market Competition and Expansion:

The North American precast concrete market is expected to grow at a CAGR of 5.3% over the forecast period (2021-2028).

Reason for Selling:

Owner wishes to retire.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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