For almost 40 years, this company has designed, fabricated, and installed stone and tile in high-end luxury homes ($20M+). They do hard surfaces, tile walls, floors, fireplaces, water fountains, pools, etc., with a reputation of bringing elegance and craftsmanship to homes via their network of designers, architects, & contractors. They have a history of steady revenue and profits; even in the 2008 recession and COVID, it was business as usual.
Jobs are large, ranging from $50K to $1.5M, involve detailed craftsmanship, and often span several years. Owner hires with an eye for talent; most employees have 5+ years tenure; many have 20+ years at the company. The crew leaders, shop foreman, fabrication supervisor, down to the installers are the best in the business. The staff handles the day-to-day job site details. Owner schedules jobs, interfaces with supervisors and subcontractors (as required), handles preliminary job specifications, and performs administrative duties. The building is tailored to stone fabrication: the large storage yard is ideal for material loading and storage, and all fabrication onsite equipment is state-of-the-art and maintained with care.
The owner is retiring and is searching for his successor. The ideal buyer has the right mix of business acumen and design chops to take the company to the next level. New ownership can continue to expand in the high-end markets or branch out to new markets (tract, apartment, etc.). But the real growth opportunity is to scale up advertising and marketing – the business gets all work via referral; they do no advertising, no social media, and don’t even have a website!! For the right buyer, the owner is willing to stay on for an extended transition period to ensure their success.
If you've ever considered entering the industry, expanding to stonework, or branching out on your own, this may be the perfect opportunity. Fabricators with this level of reputation, history, and profitability rarely come to market. Interested? Questions? Reach out to the Agent today!
