Seller's Contact Information
- RE: Countertop Reseller, Fabricator & Installer
- Contact: CHARLES MORNINGSTAR
Quick Facts
Asking Price: | $395,000 | |
Annual Revenue: | $1,291,620 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $203,779 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1998 | |
Employees: | 9 | |
BBN Listing #: | 936783 | |
Broker Reference #: | Not Disclosed |
Business Overview:
This southern Puget Sound based company has been the industry “go to” for builders and homeowners alike since 1998. The company offers premium products and superior service for the fabrication and installation of solid surface materials for a broad spectrum of applications including kitchen, bathroom, fireplace, mantel applications and more. The predominant materials sold are granite, quartz, marble, and quartzite. The business is located in an area that continues to see development, even during the current economic conditions. Long-term growth is forecasted for the region well into the future, which bodes well for this business as it anticipates growth. The operational footprint for the business covers six counties. If you are interested in learning more about this opportunity, please complete and submit the required non-disclosure agreement at our website.
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Property Features and Assets:
The company is located in ideal proximity to the highways used to access both customers and vendors in the southern Puget Sound region. The address is on a highly travelled throughout the day, normal business hours and weekends as well. The building is 10,000 square feet and there is ample parking with approximately 25 parking stalls depending on the vehicle types in the lot at any given time. The showroom and production facilities are generous and provide for a large inventory of products with abundant space for fabrication.
Market Competition and Expansion:
Currently, the largest market obstacle is the interest rate. In general, the construction market has experienced a slowdown. That said, this business has experienced slow market conditions before, including “The Great Recession”, and survived just fine. This is largely attributed to the business owner’s dedication to quality in both products offered and service provided. While other competitors have come and gone from the market over the years, this company has endured and will continue to do so. There are currently five competitors in the general area surrounding this business’ location, but only two are considered to be direct competitors.
This business focuses primarily on high-end residential projects. The area in which the business is located is growing rapidly which provides many opportunities for growth by entering into mid-range housing, developments, multi-family apartment developments, as well as the commercial market.
Reason for Selling:
Retirement
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
Documents:
Relevant Links:
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