Precast Concrete Company in Northern Maine
Price: $700,000
Location: Northern Maine
Industry: Wholesale and Distributors
Listing ID: CM04282021
THIS BUSINESS IS SOLD
As of September 2021, sales are more than $100,000 above 2020’s record sales.
Established in 1972, this precast concrete company supplies a variety of products including retaining walls, septic tanks, burial vaults, manholes & risers, catch basins, steps and custom products as well.
Competition is extremely limited, with the nearest competitor well over 100 miles away, so there is a very loyal following of contractors, municipal and commercial customers in both Maine and New Brunswick, Canada (smaller items that are picked up).
The company is an authorized dealer for ADS (N-12 watertight pipe), Infiltrator technologies (septic components), FE Meyers effluent pumps, Presby Environmental (septic components) and Shawnee (steps / stair systems).
The business shuts down in the winter, so you can spend the coldest months in Florida.
If you’re looking for a profitable, sustainable business in a location that is hard not to love, this might be the business you’re looking for!
Listing Details
Gross Revenue: $1,017,139
Cash Flow: $318,680
Inventory: $250,000
Real Estate: $300,000
Terms and Conditions?:
Real Estate is not included in the sale price. Estimated at $300,000.
Inventory is not included in the sale price. Estimated at $250,000.
Reason For Sale:
Retirement
Training & Support:
Seller will assist in the transition and may be willing to work part time.
Operation
Year Established: 1972
Days & Hours of Operation: M - F 7AM - 4PM, Closed Saturday and Sunday, Deliveries are done April through November
Summary
Historical Summary:
This business is having a remarkable year, it is YTD up more than $100,000 over last years record setting year.