Asking Price: $345,000 Gross Revenue: $438,000Cash Flow: $117,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $5,000 included in asking priceFF&E: $90,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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
Number of Employees:
Building Sq. Ft.:
$1,340.00 Per Month
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!
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).
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.
Negotiable for a qualified buyer with a substantial down payment.
Counter Top Fabrication, Kitchen & Bath remodeling
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. See our
full Terms & Conditions.