Sell a Business!
Post a business for sale for as little as $99.95! |
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Maryland Business For Sale |
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| MANUFACTURER OF DECORATIVE GRANITE, MARBLE |
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| Attn: Augusto Zuniga |
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| Laurel, MD, USA |
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| Asking Price: |
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$1,950,000 USD USA Dollars |
| Business for Sale Industry: |
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Manufacturing: Wood, Stone, Concrete |
| Reason for Selling: |
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Retiring |
| Year Established: |
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2001 |
| # of Employees: |
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14 |
| Yearly Cash Flow: |
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$700,000 |
| Yearly Net Profit: |
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$700,000 |
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Business for Sale Overview:
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This great granite company is a superbly constructed, highly efficient, low maintenance manufacturer of decorative granite, marble, onyx, slate and soapstone products. Created in 2001, enjoyed vigorous growth until the sub-prime housing difficulties of 2007. The current owners, two partners, are retiring after careers that Included the creation, purchase, and sale of half a dozen similar small enterprises.
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Property Features and Assets:
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The weighted average of the cash flows for 2005, 2008, and 2007 is $631,353 with the highest cash flow in 2005 of $841,230. Mid Atlantic Granite, an equipment rich manufacturer, is being offered for acquisition at a multiple of three times the historical cash flow, or $1,950. The projected net cash flow to a new owner, after debt service and the hiring 01' a manager, would be $520,000 at 2006 sales levels or $251,000 at 2007 sales levels. |
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Additional Details:
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- 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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