Counter Top Fabrication, Kitchen & Bath remodeling

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Counter Top Fabrication, Kitchen & Bath remodeling
Asking Price:
$345,000

Gross Revenue:
$438,000
Cash Flow:
$117,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$5,000
included in asking price

FF&E:
$90,000
included in asking price

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Business Description

This extremely successful and reputable business has been providing its customers with custom-crafted natural and engineered stone work for over 30 years! It has earned a great reputation over the decades for their high-quality work, excellent service and very qualified employees. As complete stone and tile contractors, they can custom plan, fabricate and install just about any intricate project to exacting specifications ensuring their customer's complete satisfaction. In addition to counter tops for kitchens and baths, some of the 1000+ completed projects include: full slab shower surrounds, stove hoods, bar tops, pool decks/surrounds, water features, fireplaces, custom cabinets and more. If it has anything to do with natural or engineered stone and their client can dream it, they can create it!

About the Business

Location:
Kahului, Hawaii
Year Established:
1987
Number of Employees:
4+
Real Estate:
Leased
Building Sq. Ft.:
5,100
Rent:
$1,340.00 Per Month
Facilities:
The companies 5,000+ sq.ft. base yard is strategically located in the center of Maui providing easy access to every part of the Island, with a long term lease available at similar terms. An extensive 3 page Asset List is available by request and includes everything one would need to continue day-to-day operations. The shop is equipped with state-of-the art machinery allowing them to produce the products that have built their reputation. Some key assets include: Sierra Diamond Gantry Bridge Saw (tilts and rotates), grinders, sanders, polishers, compressors, newer 1 Ton Chevy flatbed stake-side truck, 10,000# forklift, air conditioned office (6'x12') and so much more...truly turn-key!
Market Outlook/
Competition:
There are other businesses that do similar work however this business is well known for the high quality of work that it completes which sets it apart from its competition. Additionally, most providers of stone products outsource a major portion of the fabrication and installation, this business does it all itself which gives it a true competitive advantage.
Growth & Expansion:
The business has a long history of stability, managed growth and profitability. As a result, there is a reliable track record of strong cash flows. It currently has more demand for its services than they are able to meet which leaves a new owner significant opportunities for growth. Current revenue stream has been generated entirely from referrals, repeat clients and word of mouth...less than 1/2 of 1% of annual revenues spent on advertising. Additional growth can be expected by hiring additional staff to complete more waiting projects. (Not to mention becoming active in a social media campaign and attracting even more clients).
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About the Sale

Reason For Selling:
retirement
Training/Support:
At the Buyers discretion, the Seller is willing to remain in a project management/RME role for an extended period of time to facilitate the transition. 30 days of complete training included, up to 1 year negotiable.
Seller Financing:
Negotiable for a qualified buyer with a substantial down payment.

Listing Info

ID:
1655487
Ad Detail Views:
0

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Business Listed by

Mark Chesler

Hawaii Sunset Real Estate

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