Sale Opportunities
• Precast Concrete Manufacturer w/Real Estate
Location: Rhode Island
Primary Category: Mfg. - Stone, Clay, Glass, Concrete
Your Reference ID: 18421
Financial Information
Asking: $1.25M
Gross: $500,000
Cash Flow: Not Disclosed
Furniture, Fixtures & Equipment: $300,000
Inventory: $25,000 (included in price)
Real Estate: $1,419,000 (included in price)
Financing: Seller financing to a qualified Buyer.
Summary Description
This is a long established successful family owned pre-cast concrete business. The principal products produced and sold are: manholes, catch basins, culverts, septic tanks, leaching chambers, cellar bulkheads, concrete steps. The Company has a strong loyal customer base consisting of excavation contractors within a 50 mile radius which includes customers in CT, who have done business with the company for 15 to 20 years.
General Information
Facilities: Large factory building on multi-acre lot in good geographical location, with ready access to highways for delivery of product(s).
Competition: A few companies in similar business in this state.
Growth and Expansion: New aggressive owner can do a lot with the existing business. Also, plant capacity and lot size will accommodate significant room for additional business.
Support/Training: As required for smooth transition.
Reason Selling: Retirement.
Contact Information
Contact: Raymond L. Messier
Phone: 508-990-9800
Email: nery.corp@verizon.net