Concrete Forming Distributor - Explosive Growth!

Business Summary:
This twenty-five-year-old company generated over $2.5 million of cash benefit for the owner from $7.9M in sales in 2007 and is in the process of explosive growth. As a well-established independent supplier of engineered concrete forming and shoring systems (servicing the commercial and industrial construction markets) they have become a respected distributor of concrete forming systems to contractors in 10 different states. With their national and international alliances, they offer extremely competitive prices on a broad variety of labor-saving forming products. By expanding their owned equipment inventory for rental in 2007, they are projected to yield $2.5M in owner benefit from $7.9M in sales (30% of revenue). With a stable team they offer some of the best service in the industry. Renting formwork equipment at competitive prices from a broad, on-hand inventory has allowed them to provide product when their competitors are still waiting to acquire equipment. Unlike most national companies that handle just their own brand name, this distributor has trained hard to learn the best uses and applications of ALL forming and shoring systems. As a result, the business is an authorized distributor for the best-known international formwork brands. In addition to representing this vast line of well-known form equipment they have over $10,000,000 of scrupulously maintained rental equipment stock available from their equipment yard. They also provide engineering form design that caters to contractors executing state-of-the-art jobs. Decades of experience, breadth and depth of equipment and services, devotion to customer service and broad geographical reach has created significant competitive advantage. This distribution company has an established reputation for exceptional service, and is characterized by a competitive spirit and 25 years of demonstrated effective execution. They are clearly ready to move to the next level with a Buyer that shares that spirit.