Countertop Fabrication Solid Surface Shop and Show

Danbury, CT
Fairfield County


Asking Price: Annual Revenue:
$667,900 $571,000

Manufacturing: Non-classifiable


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RE: Countertop Fabrication Solid Surface Shop and Show Broker: C. J. (Charlie) Vlahops
License #: 397
Owner Financing is Available!
If qualified & with security, the Owner will consider financing +/- 30% of the business’s sales price at +/- 7% interest over 3-5 years.

Quick Facts

Asking Price: $667,900
Annual Revenue: $571,000
Net Profit: Not Disclosed
Cash Flow: $135,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $400,000
Year Established: 1992
Employees: 4
BBN Listing #: 5422770
Broker Reference #: 397

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Business Overview:

This is a Countertop Fabrication Shop And Showroom for solid surface materials selling kitchen countertops, sinks, faucets and cabinets to homes, commercial & industrial businesses, food service and educational operations, offices, hotels and motels for more than 25 years in the area. Just the name might be worth most of the price.

This business is being offered with the real estate.

This countertop shop fabricates and installs solid surface materials by DuPont Corian, Wilsonart, LG HiMacs, Krion and others, engineered stone by Silestone, DuPont Corian Quartz, Hanstone LG Viatera, Butcher Block, Paperstone & Teragren Bamboo Tops.

The shop has separate areas for its own Table Saw room, CNC Router and large Panel Cutter – every special tool that’s needed to perfectly fit countertops etc. in a home’s kitchen or commercial use.

Two personnel are cross trained to run the CNC Router.

Other profit centers include custom fabrication and installations, selling and installing sinks and faucets, edge treatments, repair and maintenance of existing countertops and cabinet sales and installation.

The current Owners started this business in 1992 in their basement. They moved to a shop in Danbury, CT in 1994 then purchased a +/- 4,300 square feet building on a busy street in 2003.

The first floor is the shop, the second floor has the office and showroom. A separate storage area is in the 2 car garage and barn.

The key to this businesses success over the years has been their quality products, professional fabrication and unbelievable service. This is probably why sales have been steady over the past few years with a somewhat erratic economy.

The business winter hours are Monday – Thursday 9:00 to 5:30, F 9:00 to 5:00, Saturday 10: to 3:00 and closed Sunday. Summer hours (June thru August) is the same for Monday – Thursday, Friday 9:00 to 3:00 and closed Saturday & Sunday.

Labor includes 5 full timers: the Owners (husband works mostly in the shop and wife works in the office and does showroom sales), 2 shop full timers one of which is cross trained on the auto cad for the SNC router and an assistant office and sales person.

Sales from 2016 to 2018 averaged $573,934. For purposes of the projection, a weighted average was used - $571,119 which is $1,967 more than 2018’s sales.

Equipment includes: 2007 Isuzu NPR box truck, CNC router, panel saw, Table saw, router, 5 computers, auto cad, racks etc. Total new cost is estimated +/- $ 146,000. Desks, counters and miscellaneous improvements +/- 5,000. Estimated fair market value is +/- $72,000.

Owner’s Cash Flow for the last 3 years averaged +/- $145,519. The weighted average is $135,229. Last year’s OCF was +/- $ 103,521.

30 days training and/or telephone consulting is also available.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

The shop, office and showroom is located in a +/- $4,328 square feet 2 story wood frame building that was remodeled in 2003-2004. The main level was retrofitted into an industrial shop with concrete floors, a heavy floor load capability, radiant heat in some of the floors and baseboards, 400 amp service and an 8’ overhead door that is +/- 10’ wide. The second floor has an office and the showroom. There is a separate garage and barn used for storage (mostly slabs and other oversized and irregular products). The shop area is +/- 2,323 square feet. The upstairs office and showroom is +/- 1,049 square feet and the storage areas (garage and barn) is +/- 956 square feet. The property is on .25 acres and is zoned CG 20 (many possible uses) making owning the real estate good for the business and a great investment for the future. The business is located on the east side of a very busy street connecting the northern parts of Danbury, New Fairfield and Sherman to I-84 and downtown Danbury, CT. The traffic count on this street is over 28,300 cars per day passing this business.

Market Competition and Expansion:

Interested buyers MUST sign our Confidentiality Agreement and fill out the Questionnaire before any additional information is received or a meeting is scheduled to view the business, or the location disclosed. Detailed financial information showing ability to purchase and proof of funds may be required before a meeting or conference call is scheduled. Forms are available at this Listing, on our website, (from the link in front of the pictures) or can be e-Mailed to you upon request.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

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