SOLD!
Details
Asking Price: |
$650,000 |
Annual Sales: |
$958,000 |
SDE: |
$285,000 |
Inventory: | $90,000 |
FF&E: | $30,000 |
Real Estate: | N/A |
Employees: | 2 PT Owner 3 FT |
Location: | Colorado |
Reason For Sale: | Retirement |
Business Description
For more than two decades, Company has been manufacturing the highest quality equipment of its kind for the concrete and masonry industries. The company’s solution is unique and serves a key market niche, with limited competition and high ROI compared to alternative methods. The stickiness of the product has enabled the company to build a strong, loyal customer base with limited sales and marketing. Company does about 80% of its business domestically with 50% + gross margins on its manufactured equipment.
Represented by Matt Williams. Tell me more about this business.