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Business For Sale

MANUFACTURER OF DECORATIVE GRANITE, MARBLE

Attn: Augusto Zuniga
Laurel, MD, USA
Listing Number: "742"
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Asking Price: $1,950,000 USD USA Dollars
Business for Sale Industry: Manufacturing: Wood, Stone, Concrete  
Reason for Selling: Retiring
Year Established: 2001
# of Employees: 14
Yearly Cash Flow: $700,000
Yearly Net Profit: $700,000
 

Business for Sale Overview:

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.


Property Features and Assets:

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.


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 resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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