Concrete Recycling Company

Location: United States -> Florida -> East Coast
Industry: Manufacturing > Other Manufacturing

Businesses for sale Summary

Established, stable business with basic, simple product that is needed by businesses and government. Preliminary 2008 Sales: $1,532,000; these would be the highest sales, ever, for the company! Recycling, of all products that can be recycled, will continue to grow as the population increases. Sales in 2008 will exceed sales in 2007. 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 or Intermediaries please, regardless of compensation source. Contact for more information on this Concrete Recycling company for sale.

Financials

Asking Price Range:  $2.5M – $5.0M
Gross Revenues:   $1,246,649
Cash Flow:   $566,495
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $1,158,000
Seller Financing:  No

About The Business

Year Established:  2003
Number of Employees:  4 – 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Not Applicable

About The Sale

Reason For Selling:  Health and retirement.