Seller's Contact Information
- RE: Very Profitable Countertop Mfg Co: $2.9MM EBITDA
- Contact: Greg Knox
Quick Facts
Asking Price: | $0 | |
Annual Revenue: | $13,344,710 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $2,931,831 | |
Total Debt: | Not Disclosed | |
FF&E: | $400,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1989 | |
Employees: | 42 | |
BBN Listing #: | 915146576 | |
Broker Reference #: | GRAN-FAB |
Business Overview:
This established, profitable, countertop manufacturing company is located in Central Texas. The business focuses on countertop manufacturing and installation services for major, national homebuilders, custom homebuilders, counter-cyclical remodeling companies, retail clients, and some commercial clients. The business has a large customer base and a solid reputation in the region. The business finished with $13.3 million in revenue and $2.93 million in adjusted EBITDA in 2021. Due to increasing demand, the business conservatively expects revenue to grow to $17 million in revenue in 2022 with EBITDA of $4.06 million. The business is currently focused on a small, regional area around Central Texas, though its brand could be scaled to other cities around Texas, or even nationally, over time. The owner has successfully built a team around the business, allowing the next owner to focus on strategy.
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Property Features and Assets:
The business leases its facility. It is large enough to support future growth initiatives.
Market Competition and Expansion:
Competition / Market Outlook: While there are others in the countertop manufacturing and fabrication industry, this business has a lengthy history of satisfied customers, quality service, and an outstanding reputation. The business occupies a few different, profitable niches in this market segment. Growth and Expansion: The current Owner believes revenues could significantly increase in the next several years, if they were to pursue certain strategic avenues. The current owner has a solid administrative support staff and production team in the shop.
Reason for Selling:
The owner wishes to retire.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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