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High-grossing Countertop Fabrication With Potential! (37765) For Sale

Northern CO, Colorado, US
Asking Price:
$11,000,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$7,988,000
Cash Flow:
$2,468,000

For over 15 years, this Colorado Company has specialized in the fabrication and installation of premium quality stone countertops, using natural materials such as quartz, granite, marble, and porcelain, among others. With 80% of projects coming in through various design centers, Revenues went up 7.5% in 2021 to $7,988,000 along increased Discretionary Earnings of $2,468,000 in 2021, showing pandemic resistance! An excellent opportunity exists for a financial or industry buyer to further company growth, as its strong reputation and client relations have led throughout the state over the years. The prime 10,000 square foot production facility features spaces for both storage and offices, leased monthly from seller, it is also available for optional purchase. Centrally located to service a radius of 100 miles within the Denver metro, property is found in excellent condition and able to handle expansions, when needed. Current ownership supervises the administrative team and streamlined operations include skilled personnel of 24 nonunion employees agreeing to remain post-sale. The seller is flexible for transition period, available long term if desired! Apart from maintaining a website and the use of social media for self-promotion, marketing efforts center on backing up the verbal referral sources from their large and recurring customer base. An 11 Month Interim report from January to December of 2022 shows up to $7.8 Million in collected Gross Income, alongside $2.2 Million in Profit, as full year projections climb to $10 Million, next to almost $3 Million in SDE’s, call or message IAG today!

Property Information

Real Estate:

Lease

Location:

Listing includes Prepaids & Deposits amounts of $4,200!

Size in square feet:
10,000+/-

Business Operation

Reasons for selling:

Approaching retirement and/or pursuing other interests.

Trading hours:

Monday to Friday from 8AM - 4PM.

Employees:
24 nonunion.
Years established:
2006

Other Information

Support & training:

Available for flexible transition period, or long term if desired.

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:
$864,108 - included in the asking price
Inventory / Stock value:
$150,000 - included in the asking price