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High-end Fabricated Stone And Granite Products (17888) For Sale

Alabama, US
Asking Price:
$1,799,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,292,294
Cash Flow:
$427,643

Management in place! Owner works 1 hour per day, primarily financial management! Room for more business and more profits! Property is 2 1/4 acres and could easily handle another building of significant size for added business or a separate business. This offering represents an experienced stone countertop and home improvement company with over fifteen years of success in the custom kitchen and bath remodeling industry. Operating from Alabama, they manufacture and install custom granite and stone surface products. The primary product lines consist of residential and commercial applications of custom countertops, backsplashes, sinks, faucets, and more. In-house manufacturing and custom fabrication are also capabilities due to the large manufacturing space, high-tech manufacturing equipment and processes, experienced team members and large client base. In addition to manufacturing, installation services make up a significant portion of revenue. The warehouse-based location, totaling over 14,000 square feet, includes approximately 6,500 square feet for showroom space and office space, with the remaining square footage is for inventory storage and production. The Company leases the location from the ownership of the business; the real estate is included in this offering. Since its inception, the company has maintained multi-million-dollar revenues, with the majority of its revenues coming from regional building contractors, home builders, public institutions, multi-unit housing clients, government organizations and educational institutions. Company has a proven track record of staying on top of residential and commercial granite and stone products gaining popularity in the market. With its proprietary production processes and engineered products, the marketing efforts focus on targeting repeating business through word-of-mouth referrals and regional job bidding. In 2022, total Revenue was $2,292,294 with Discretionary Earnings of $427,643. 2023 Sales are projected for over $2.4 Million with SDE’s above $500,000.

Property Information

Real Estate:

Lease

Location:

Real Estate valued at $650,000 comes included in the Sale.

Size in square feet:
14,000+/-

Business Operation

Reasons for selling:

Selling to focus on health.

Trading hours:

Monday to Friday 8AM - 4PM and Saturdays from 10AM to 2PM.

Employees:
17 nonunion.
Years established:
2008

Other Information

Support & training:

Standard 12 month Owner Transition.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Negotiable up to 20% for the right buyer.

Furniture / Fixtures value:
$350,000 - included in the asking price