Precision Precast Erectors, LLC

PREC I S ION PRECAST ERECTORS , LLC and we knocked the ball out of the park. I think we beat our estimate by about 60%.” “He kind of put things together,” LaVé continues, “and helped us purchase all the equipment, he helped float payroll. It was quite the arrangement, a blessing you could say. The hardest thing in our industry is really to get enough capital to get started. It’s a capital- intensive business and so the barriers to entry are fairly high, so to have a patron like that who is willing to help us get started is quite amazing. We saved everything that we earned on that one and got another job and we saved everything we made on that job and we’ve just snowballed from there.” That first year, PPE did just a few hundred thousand dollars worth of work for their investor, the next year $700,000, the following year $1 million, and for 2020 the firm’s expected revenue is an impressive $11 million. They’ve also made the Inc 5000 list five times since the business began in 2008.