Seller's Contact Information
- RE: $400,000! Price Reduction Due To Owner's Health
- Contact: Michael Floorman
- License #: 01160661
Quick Facts
Asking Price: | $600,000 | |
Annual Revenue: | $2,545,756 | |
Net Profit: | $256 | |
Cash Flow: | $256,944 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1997 | |
Employees: | 12 | |
BBN Listing #: | 9752931 | |
Broker Reference #: | 10947 |
Business Overview:
Company is a manufacturer of high-end stone products (manufacturing represents 75% of revenue)
Consistently profitable even during Covid.
After 26 years the owners are looking forward to retirement and handing off their business to an entrepreneur who will take up the reins and preserve their legacy. One partner will remain for up to 12 months if needed.
The facility is owned by the partners and is available for sale (Including the real estate makes financing much more attractive for both buyer and the SBA—lowers the down payment and interest rate). 10947
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Property Features and Assets:
2,400 square feet, Rent $8,000 Real Estate is available for $1,400,000 not included in purchase price SBA Pre-approved, Down Payment $60,000
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- 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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