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Connecticut Business For Sale

 

MASONRY RETAIL BUSINESS / OPTIONAL QUARRY PURCHASE


Attn: Dave Hetrick
Central Connecticut, CT, USA
Listing Number: "M030108"
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Asking Price: $2,500,000 USD USA Dollars
Business for Sale Industry: Retail: Non-classifiable
Reason for Selling: Other interests
Year Established: 1984
# of Employees: 12 Ft + ?PT
Yearly Revenues: $3,115,000
Yearly EBITDA: $551,000



Business for Sale Overview:
Here is an opportunity to acquire a well established business with a high cash flow in a fast growing industry. The company has many kinds of stone products for sale, such as building stones, marble & granite, tile, granite and marble tile. The company supplies materials to build kitchen counter tops, vanities, bathroom vanities, fireplaces, chimneys, concrete pavers for driveways, walkways and patios. The company is well known for its excellent service, has a strong referral base and a comprehensive list of contractors to better help its customers by providing specialized skills. Owner will sell the business with the real estate (quarry) together or sell the business and the real estate separately.

Property Features and Assets:
The leased facility is located in an industrial zone on 2 1/4 acres. There is a 5 year lease with 4 years left and a 5 year option. The total square footage of the office buildings, show room and another building is around 10,000 sq ft. There is also a warehouse and an in-ground scale. The seller has the right of first refusal to purchase the property. An 120 acre quarry with excavation permit in north east Connecticut is also available for sale.

Market Competition and Expansion:
An opportunity to grow this business since the present owner has not emphasized marketing, but rather has relied on 'word of mouth' to attract sales.


Additional Details:
  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise opportunity.
  • This is not a distressed business or bankruptcy situation.

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