Manufacturer and Fabricator of Custom Granite-$1,695,000
Building and Const. Services - Construction Sub-Contractors | Building and Const. Services - Other Services
| Asking Price: | $1,695,000 | Inventory: | $41,000 ++ |
| Gross Revenue: | $1,585,121 | Real Estate: | n/a |
| Cash Flow: | $356,315 (comments below) | FF&E: | $500,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Cash Flow Comments: discretionary cash flow | |||
Manufacturer and Fabricator of Custom Granite kitchen counter tops, center islands, backsplashes, wet bars, jacuzzies, and bathrooms (sink tops, tub surrounds, etc.). This highly profitable business has been established for over 7 years and has a strong history of sales and profitability. The seller has excellent financial records, including QuickBook P&Ls, Balance Sheets and tax returns. The business is operated out of a brand new 13,500 S.F leased facility (including a beautiful 2500 square foot show room/offices), with plenty of room for expansion and with an option to purchase the real estate. The owners have built an excellent reputation and solid historical annual sales averaging well over $1,000,000 for the last 4 years. The seller is offering initial hands on training to the new owner and will be available as an ongoing resource. The new owner should net over $350,000 in 2009 based on current sales levels. The business includes $500,000 worth state of the art equipment, which could allow a new owner to substantially increase the volume and cash flow of the business. This new facility is located in the heart of Dallas, TX., close to I-35. Their exceptional product can be found in homes, boardrooms, hotels, restaurants, educational facilities, private clubs, commercial and residential alike.
About the Business
Year Established:2001
Employees:10 full time -
Facilities:Outstanding 15,900 S.F Facility in Dallas, TX. with over 13,000 S.F. of production area and 2,000 S.F. of office/showroom. Equipment includes 1 Water Jet, 2 Pro-Edge III bridge saws, 1 Marmo edge machine, 2 bridge saw, 2rotary screw air compressors and dryers, as well as several forklifts. They also maintain a strong $40,000 inventory of unused granite slabs, sinks, etc. on site.
Market Outlook and Competition:Competition: Normal except for the quality and price for the quality as compared to other granite manufacturing businesses. Current owner has rarely advertised!!!
Growth and Expansion: A hands on owner could dramatically increase the business with residential and custom builders, especially in this growing suburb of Dallas/Fort Worth. However, more substantial growth possibilities exist in the commercial side and with jobs unrelated to granite specifically due to the water jet’s capabilities.
About the Sale
Management Training and Support:Two-Four weeks and ongoing support.
Reason For Selling:Semi-Retirement
Seller Financing:TBD
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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