Description:

A bulk materials provider of masonry sand for brick and block construction supply companies. While masonry sand is the primary provision provided, the company also supplies other materials such as gravel, stone, and topsoil.

Key Aspects:

From 2019 to 2022, revenue grew at a compound annual growth rate (CAGR) of 10.4%, with an 11.9% increase from 2021 to 2022 alone
Gross profit and adjusted EBITDA margins average 59.7% and 17.2% respectively, from 2019 to 2022
In operation for 20 years
Focuses primarily on the masonry industry, setting the company apart from competitors within the area
All materials are sourced locally, allowing for quick and efficient deliveries

Opportunities:

Focus on geographic expansion into other states throughout the US, particularly where the construction industry is growing
Add other products and services offered, such as gravel sales, truck services, and retail sales
Create a website with search engine optimization (SEO) for greater digital presence
Focus on expanding the salesforce and marketing team to secure additional orders
Continue to focus on the masonry industry and its customers
Increase presence within the retail market

Headquartered:

Southeast US

Current Markets:

The company primarily serves brick and block suppliers and contractors within the masonry industry in Southeast US. The company’s main customer base is within the masonry industry, though residential and other commercial markets are also served.

Real Estate:

The company currently operates from an office that is 1,200 sq. ft. and a shop that is 5,000 sq. ft. Both are residing on the same three acres of land. The facilities are leased from an affiliated entity. The owners are open to entering into a long-term lease.

Shareholder Ownership:

The company is equally owned by two shareholders, one of which is active in the day-to-day activities of the company. Both shareholders are proud of the company and feel as though a new owner could take advantage of the opportunities the market is presenting.

Benchmark International

Benchmarks Exclusive Opportunities

Bulk Material Provider of Masonry Sand for Construction Supply Companies Within the Masonry Industry – BN000037106

Bulk Material Provider of Masonry Sand for Construction Supply Companies Within the Masonry Industry – BN000037106

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