* Included in Asking Price
Seller is willing to finance 15% of the Purchase Price for a qualified Buyer as well as train for up to 2 years (if desired) to ensure for a smooth transition. With a proprietary concrete formulation of 9,000 PSI, this business has carved a niche in the market for Feedlots, Cow/Calf Ranchers, National Zoos, Oil Fields, and over 620 Retail Locations nationwide! The business has fully established operations in both the United States and Canada allowing for international business to successfully take place throughout hundreds of distribution sources. The water tanks are used both commercially and in consumer sales providing the most elite water tank in North America. A new Buyer assumes ownership of needed concrete forms, tools, equipment, inventor, AR, and necessary vehicles totaling over $2.1MM in total – allowing the Bank Loan to be fully collateralized!
Reason for Selling: Retirement
Personnel: Full Staff in both locations
History: 20+ years in Canada and 12 years in the US
Support to Buyer: 15% Seller Financing and Seller will train and transition for up to 2 years if desired by Buyer
Purchase Price: $1,620,000
10% Buyer Down Payment: $162,000
15% Seller Financing: $243,000
75% Bank Loan: $1,215,000
Stock Sale vs an Asset Sale would ensure the ability for new Owner to maintain import/export rights. This alone is a highly sought after intangible asset.
Fully collateralized loan for an SBA, Conventional, or Equipment loan.
Work In Progress/Purchase Orders: $300,000+
Intangible Assets: Proprietary concrete blend, proprietary water agitator, and the established import/export privilege
Service Area: All of North America
Clients: Direct to Feedlots, Cow/Calf Ranchers, National Zoos, Oil Fields, 620+ International Retail Locations
Current Owner’s Responsibilities: Management, Accounting and Marketing
|Facilities:||United States (Nebraska) and Canada (Alberta)|
|Training/Support:||Seller will train and transition for up to 2 years if desired by Buyer|
|Seller Financing:||15% Seller Financing: $243,000|
Seller Reference #MAN002
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