Concrete Supplier Sees 26% Revenue Increase. Location: [City], [State].
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Asking Price
$12,500,000
Detailed Information
South Central Texas, Texas, US
Not Provided
NA
Business Description
This profitable concrete supplier, with $4.5 million in assets, has seen a significant 26% revenue increase in the first two quarters of 2024 compared to the same period last year. They are known for their high-quality work and are the preferred choice for construction services in the area. With a loyal customer base and flexible approach, they have secured contracts for multiple new projects in 2024 and beyond, solidifying their position as a top supplier. The General Manager is excited about the opportunity for new ownership to take over the business, which is being offered for sale due to owner consolidation and semi-retirement. With an estimated 33% excess capacity and room for growth with minimal investment, the business is considered to be at a tipping point. The current owners are willing to offer a tenant-friendly lease for the existing location, where the business operates with an A+ rating from the BBB and free and clear assets worth $4.5-5M. This opportunity presents a chance for