Ready-mix Concrete Company with Multiple Locations

Description:
The Company is a Midwest-based manufacturer and supplier of ready-mix concrete, serving customers from three strategically located facilities. In addition to concrete production and delivery, the Company offers a comprehensive range of building materials, including gravel, sand, stone, topsoil, masonry supplies, finishing tools, wire mesh, concrete sealers, and contractor-grade boots. The Company's diverse product portfolio supports residential and commercial construction projects, ensuring high-quality materials and reliable service to its customers.

Key Aspects:
• Average gross profit margins of 27.1% from 2022 to 2024.
• The Company's adjusted EBITDA grew at a compound annual growth rate (CAGR) of 4.2% from 2022 to 2024.
• Strategically located to serve a broad customer base and key markets.
• Management notes of an established and loyal customer base with recurring demand.
• Highly recognized name with strong brand equity in the market, according to management.
• The Company has in-house manufacturing and delivery capabilities for the surrounding area.

Opportunities:
• Growth potential in existing market and expansion into new markets.
• Capture additional wallet share within existing customer base.
• Open additional locations to increase market share.
• Expand the geographic operational area to capture unrealized market share.
• Diversify product line to expand market potential.

Headquartered:
• Midwest US

Current Markets:
• The Company serves contractors, homeowners, businesses, and municipalities in the Midwest, US, that need concrete and building materials.

Real Estate:
• The Company operates from three locations spread out over two counties in a Midwestern State. Each facility is set up to produce and transport wet cement while being close enough to share trucks, equipment, and personnel as needed. The facilities are expected to be included in the sale of the Company.

Shareholder Ownership:
• The Company is owned by a single owner who is seeking a complete exit. Ownership is open to various deal structures and is willing to remain for a transitionary period to facilitate a smooth transition to new ownership.