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17564 - Highly Profitable Stone Manufacturing


Boasting a strong niche focus of being one of the only supply companies in its area to be privately owned, inhouse custom manufacturer provides stone products and delivery services to its surrounding geographic area. Including cut or polished limestone, bathroom and kitchen fixtures, mulch, granite and marble amongst others; with majority of its income sourced from repeat clients needing raw materials for contracting applications. Headquarters operates from 27,000 square feet of property in Northeast Texas, found to be in excellent condition, zoned for commercial use, and capable of handling additional capacity; facility is available for a *separate purchase from the Asking Price. Since inception in 2003, company functions benefited by a skilled personnel of nine nonunion employees with field experience have created a promising track record of seventeen years in business ensuring high levels of customer satisfaction and cost controls. Seller agrees to a smooth transition of up to one year, as advertising efforts have presented effective returns from minimal capital investment through marketing methods such as direct walk-ins and word of mouth referral sources; allowing several growth opportunities for a strategic buyer. Currently projecting to outpace gross sales reports for 2019, company’s total revenue in 2018 reached $2,905,000, with Seller’s Discretionary Earnings of $1,191,000. Based on an independent evaluation!

Listed By: Flavia Milano

Background information

Seller Number:

17564

Year established:

2003

Reason selling:

Approaching retirement

Finance

Sales:

$2,905,000

Profits:

$1,191,000

Profit type:

Discretionary Earnings

Operations

Employees:

9

Premises

Facility:

Optional

Location:

Northeast Texas.

Price and terms

Price:

$6,800,000

Financing:

Yes

Owner Transition:

The owner is available for a standard transitioning period up to one year.