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Broker Contact Information |
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Crushed Rock Recycling Infrastructure Mfg. | Listing ID: 20263 |
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| Asking Price: |
$3,000,000 |
Status: |
Active |
| Business Type: |
Manufacturing - Stone, Clay, Glass, And Concrete Products |
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| Business Location: |
Florida |
Broker Coop: |
No |
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Annual Income Information |
Labor Information |
| Gross Sales: |
$1,532,082 |
Full-Time Employee: |
5 |
| Cash Flow: |
$588,522 |
Part-Time Employee: |
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Business Detail Information |
Lease Information |
| Form of Ownership: |
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Leased SqFt: |
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| Year Established: |
2003 |
Rent /Month (Include NNN): |
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| Accounting Info(years): |
2008 |
Lease Exp.Date: |
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| Franchise: |
No |
Original Lease (# of yrs): |
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| Liquor License: |
No |
Lease Left (# of yrs): |
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| Seating Available(#): |
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Lease Option (# of yrs): |
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| Parking Space(#): |
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Lease Renewable: |
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| Hours of Operation: |
Mon-Fri: 8-5 |
Lease Transferable: |
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| Reason For Sale: |
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Rent Increase: |
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| Seller Training Available: |
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Price Description |
Financial Information |
| Real Estate Included: |
No |
Seller Cash Out: |
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| Real Estate Value: |
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Seller Financing Available: |
Yes |
| Fixture & Equipment Included: |
Yes |
Seller Financing Amount: |
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| Fixture & Equipment Value: |
$1,328,000 |
Seller Financing Term(years): |
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| Inventory Included: |
Yes |
Annual Interest Rate: |
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| Inventory Value: |
$20,000 |
Min. Down Requested: |
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Business Description |
Sales increasing -- 2008 was a record sales year for the company! This business provides crushed rock for infrastructure and other construction projects. Established, stable business with basic, simple product that is needed by businesses and government for projects such as road drainage, foundation for construction, etc. Recycling, of all products that can be recycled, will continue to grow as the population increases. Located on Florida's East Coast, in a growing population area, this business recycles concrete and is dominant in its market area. Customers are both commercial and governmental. Typically, customers bring concrete to the business (for free) and dump it and with the same truck, pick up crushed concrete, which they pay for. The concrete is crushed and used in a variety of ways, including road beds. With landfill space at a premium, the demand for this type of product should only increase. The business has excellent books and records and operates on a very high profit margin. There is a long-term lease in place. The owner began setting the business up in 1999 and after permitting, site work and operational systems were in place, the company opened for business in 2003; the initial cost and time to establish a business of this type (2 years minimum) provides significant barriers to entry into this industry and market. No Brokers please. |
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