Aggregate Distributor
Location:
United States
->
Texas
Industry: Wholesale and Distribution > Wholesale and Distribution
Business Summary
This outstanding 60 year old company has a strong reputation for competitive pricing and reliability. They have a long term, dominant market position that has a very rich tradition. Key products include aggregate sales of limestone, gravel, sand, dirt plus drainage piping and equipment rental. Business has long term supply agreements that provide a solid stream of profit.
Company has an extensive amount of well maintained modern equipment. Major yard equipment includes dredging, loaders, motor graders, excavators, dozers, and more. Rolling stock consists of a large fleet of well maintained company owned trucks and trailers which provide for scheduled deliveries on a timely basis.
Company has a diverse customer base composed of government, construction companies, landscaping entities, and energy companies that provides a diverse, balanced revenue stream. Company has had double digit growth every year over the last 3 years.
Company is strategically located with 2 yards that distribute product. Both are on navigable waterways providing low cost barge transit in and out. One property is leased and the other property is owned by seller's family. The family owned property has buildings on the property consists of a nice office of about 1500 sq ft and a nice shop of about 3000 sq ft. Sellers own the real estate and would like to retain it for the immediate future. They will lease it for a very favorable lease amount of $3200 per month with a very long term lease with right of first refusal if they decide to sell property. Company also leases a sand pit with payment based on cubic yards extracted.
Businesses of this high quality and profitability are hard to find. This one won't last long. Seller is motivated and open to offers. Come see, make offer. Seller will seriously consider and promptly respond to all reasonable offers. Contact for more information on this Distribution business for sale.
Financials
Asking Price Range: $5.0M - $10.0M
Gross Revenues:
$6,500,000
Cash Flow:
$700,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $3,000,000
Seller Financing: Not Disclosed
About The Business
Year Established: 1948
Number of Employees: 20 - 34
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Available.
Reason For Selling: Other.
Click on the "I'm Interested" button above for more information on this Wholesale and Distribution > Wholesale and Distribution business for sale.
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Print Listing Id: 70079330
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