Geogrid Distributor for Retaining Wall Applications for sale
- Primary Category: Concrete Businesses for Sale
Developers have found that level, ready to develop and build on land surrounding major Metro markets is virtually non-existent, which requires the use of segmental wall systems to make the land suitable to build on. This company offers a high-strength polyester product commonly used in the segmental retaining wall industry referred to as geogrid.
Compared to other systems such as cast in place concrete, segmental retaining walls with geogrid reinforcement are one of the most affordable solutions in the US today. Primarily used in residential, commercial, and industrial applications, the market supporting applications requiring these site walls include but are not limited to new residential developments, apartment complexes and condominiums, shopping centers, warehouse and distribution spaces, single-family residential homes, stand-alone buildings, and landfill expansions.
Customer base includes segmental concrete block producers, direct sales to large segmental wall installers, and dealers/distributors for resale. This business is ready for growth with a direct sale client list available. One part-time person manages the warehouse, coordinates shipping in-house as well as with contract haulers, and manages many of the accounts. Easily transferrable to young entrepreneurs or an excellent add-on to current block manufacturers and distributors.
Financial Information
- $1,320,000 Asking Price
- $293,923 Cash Flow
- $1,100,000 Gross Revenue
- Negotiable Down Payment
- Yes Financing
Business Location
- City: Central North Carolina
- State: North Carolina
Financing Comments
- Seller would consider financing for highly qualified buyer
Reason for Sale
- Partners would like to move on to other opportunities in a non-competitive space
Detailed information
- Year Established: 2016
- Home Based: No
- Franchise: No
- Relocatable: No
- Lender Prequalified: No
- SBA Prequalified: No
- Part-Time Employees: 1
- Contractors: N/A
- Owner Worked Hours/w: 25
- Inventory Included: Yes
- Inventory Value: $48,000
- Monthly Rent: $4,123
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: N/A
- Building Size: 3000
- FF&E Included?: Yes
- FF&E Value: $40,735
Training/Support
- Sellers will transition the business as necessary. Combination of direct training and consultation.
Facilities
- 3,000 SF open space warehouse with parking, outside storage, trailer, and skid steer
Market Outlook/Competition
- Huge opportunity for growth- current market is limited to NC, VA, and eastern TN which leaves a huge market in other growing communities.
Real Estate Description
- N/A
Business Listed by
Shanon Madrid
Sunbelt of DurhamContact Business Broker
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