A leading manufacturer of precast concrete products including floor planks and stairs. The company also provides on-site installation services.

Key Aspects
· Ability to produce 1,000,000 Sq. Ft. of precast concrete annually
· Current production capacity allows room for growth
· Approximately 60% of revenue generated from sales and 40% from Installation services
· Current production capacity allows room for growth
· 95% of revenues generated from repeat business
· Superior products creating a competitive advantage
· Proprietary systems for plank production
· Strong year-over-year growth
· Favorable name recognition and brand loyalty
· Strong management team with industry expertise

· Build additional casting lines to increase plank production, foundations are in place
· Incorporate a concrete batch plant to the facility to reduce concrete costs
· Form a dedicated sales team to actively seek out and engage prospective customers
· Expand geographic presence to increase market share

Market Currently Served
Florida, Large scale residential developers, Commercial builders

Real Estate
Affiliate owned; 10.5 acres of heavy industrial property with approximately 4,800 Sq. Ft. of office, warehouse, and storage space. The real estate is included in the sale.

Shareholder/ Owner Objectives
There are two owners with equal equity stakes. One owner is seeking a full exit from the business in order to retire. The other owner is looking forward to remaining on following the sale for up to five years to assist new ownership in growing the business.

Posted May 13, 2016

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