Listing ID: 73568
Incredible opportunity to purchase a PREMIER and fast growing countertop manufacturing and installation business 10+ YEARS, specializing in GRANITE, QUARTZ and MARBLE. The facility includes a BEAUTIFUL showroom, an office and large manufacturing shop.
Their business is built on referrals and repeat customers due to their HIGH QUALITY work, competitive pricing and incredible selection of products. The staff is highly KNOWLEDGABLE and assists the customer thru the selection process. Once the customer selects their product, the EXPERIENCED staff fabricates the countertop in their facility using state-of-the-art equipment and installs the product within a timely manner. Customers include residential and local contractors.
The new owner will be passed on an impeccable and very profitable business with approximately $100,000 of jobs on the books and approximately $30,000 of inventory/product. This is an opportunity for someone to work as an owner and not the laborer. Fully staffed and is pretty much self sufficient.
*** SUBMIT YOUR INFORMATION THRU THE CONTACT FORM SECTION TO THE RIGHT TO RECEIVE THE NON-DISCLOSURE***. PROOF OF FUNDS REQUIRED
We will not release any information unless there is a Non-disclosure signed with proof of funds. No Exceptions.
IMPORTANT NOTICE: This is an operating business being offered for sale “CONFIDENTIALLY”. Interested parties MUST fill out a Confidentiality Agreement AND a financial statement before any specific information, such as name and location of the business will be shared. NO EXCEPTIONS!
Information contained herein has been obtained from the Owner of the Property or from sources deemed reliable. We have no reason to doubt its accuracy but make no warranty or representation. All information is submitted subject to errors, omissions, changes, withdrawal without notice and any special listing conditions of the Owner.
- Asking Price: $1,200,000
- Cash Flow: $245,783
- Gross Revenue: $1,915,542
- EBITDA: N/A
- FF&E: $220,000
- Inventory: $30,000
- Inventory Included: Yes
- Established: 2012
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:5,000
- Lot Size:N/A
- Total Number of Employees:15
- Furniture, Fixtures and Equipment:N/A
Beautiful showroom, offices, large warehouse and outside yard
30 days at no cost to buyer
The business was established in 2012, making the business 10 years old.
The deal does include inventory valued at $30,000, which is included in the suggested price.
The company has 15 employees and is located in a building with disclosed square footage of 5,000 sq ft.
The building is leased by the company for $3,100 per Month
Why is the Current Owner Selling The Business?
There are all sorts of reasons people decide to sell businesses. Nonetheless, the true factor vs the one they tell you might be 2 entirely different things. For instance, they may say "I have a lot of other responsibilities" or "I am retiring". For numerous sellers, these reasons stand. However, for some, these may simply be excuses to attempt to hide the reality of changing demographics, increased competition, current reduction in revenues, or a variety of other reasons. This is why it is extremely essential that you not count totally on a vendor's word, but instead, make use of the seller's response along with your general due diligence. This will paint a much more realistic image of the business's current circumstance.
Existing Debts and Future Obligations
If the existing business is in debt, which numerous companies are, then you will certainly need to consider this when valuating/preparing your deal. Numerous companies finance loans with the purpose of covering things like stock, payroll, accounts payable, and so on. Bear in mind that occasionally this can imply that profit margins are too tight. Many organisations fall into a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may likewise be future obligations to think about. There may be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with vendors that should be satisfied or might lead to charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do companies in the area draw in new consumers? Many times, operating businesses have repeat customers, which form the core of their daily revenues. Specific factors such as new competitors growing up around the location, road building and construction, and also employee turn over can affect repeat clients and negatively affect future earnings. One vital point to take into consideration is the area of the business. Is it in a highly trafficked shopping mall, or is it hidden from the highway? Clearly, the more people that see the business often, the higher the opportunity to develop a returning consumer base. A last idea is the basic location demographics. Is the business placed in a largely populated city, or is it located on the outside border of town? Just how might the local typical family earnings impact future revenue potential?