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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