Ready Mix Concrete Manufacturing

NOT DISCLOSED, Ohio

Asking Price	$575,000	Year Established	1949
Annual Revenue	$350,105	Reason for Selling	Retirement
Annual P/L		Attention	Vince Liuzzi
Annual Cash Flow	$100,811	Listing Number	945593
# of Employees	4	Business Category	Services: Construction, Contractors

Business Overview:

75 Years of Success in Ready Mix Concrete Manufacturing

This business is a long-standing and accomplished player in the Ready Mix Concrete Manufacturing industry, boasting over 75 years of success. With a rich history of delivering high-quality concrete products, it has established itself as a reliable and reputable supplier in the market. Throughout its extensive tenure, the business has built strong relationships with clients and earned a solid reputation for excellence in service and product quality.

Property Features and Assets:

<p>Real Estate Asking Price: $450,000.00</p><p>Square Units (Foot, Meter): 2,526</p><p>Facilities: The business operates from an owned 5.01-acre property that encompasses a business office, a newly constructed batch plant, utility buildings, and ample space for operational activities and expansion.</p><p>The business premises cover a total building space of 2,526 square feet, including a 1,326 square-foot office building and a 1,200 square-foot utility building.</p><p>FF&E Overview: New batch plant installed 2023</p>

Market Competition and Expansion:

<p>Competition:</p><p>Perfectly positioned in Northeast Ohio, the company benefits from its strategic location that strengthens competitive edge over rivals. Its proximity to suppliers ensures a stable and timely supply chain, while its accessibility to island and lakefront communities presents a unique market segment that competitors, especially those operating from farther afield in Erie and Sandusky counties, find challenging to service effectively due to the perishable nature of ready-mix concrete.</p><p>Expansion:&nbsp;</p><p>Revenue for the past years has shown significant growth, with a move towards expanding operations through various identified avenues such as recycling of vegetation debris, adding trucks for increased delivery capability, and exploring new markets in Northeast Ohio.</p><p>The operational structure ensures minimal dependency on the owner, with the team handling sales, consultation, and project coordination effectively. The business stands as the only ready mix concrete provider headquartered in its service area, offering a unique advantage in terms of delivery.</p>

Additional Details: