Aggregate Materials Sales & Distribution Business In Florida For Sale

Business description

The $800,000 estimated DCF for 2012 is based on jobs and agreements in place. The company sells and delivers Bank & Shore Rip Rap, Bedding Stone, Armor Stone, Gabion Stone, Granite, Lime Rock, Ditch Lining Stone, Fill Dirt and Sand. They specialize in D. O. T. certified and Army Corps of Engineers approved materials. They also supply county, city and other governmental agencies throughout Florida. They have impressive references and jobs completed. There is an experienced manager in place that has been with the company for many years. They have contracts with local quarries to process Armor, Under layer & Jetty Stone. Granite is purchased in Georgia. Management believes that business can be doubled and then tripled in the next few years, especially with the US Government stimulus package, targeting Infrastructure. The asking price for the business is $2,600,000 based on a Discretionary Cash Flow of $800,000. The Real Estate is available for an additional $ 200,000 which will increase the cash flow by $24,000.

Property information

Real Estate:

Lease

Premises details:

8,000 Sq. Ft. CBS Building

Size in square feet:

8,000 Sq. Ft.

Business Operation

Expansion potential:

Business can be doubled then trippled in the next few years especially with the US Governments Stimulus targeting Infrastructure.

Reasons for selling:

Retirement

Trading hours:

7 Am to 4 PM Mon to Fri

Employees:

7 FT 1 PT 1 Manager

Years established:

14

Other information

Support & training:

30 days at no cost to buyer. Seller will stay on beyond that time.

Furniture / Fixtures value:

$400,000 (included in the asking price)

Inventory / Stock value:

$100,000 (included in the asking price)