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- RE: Granite And Marble Fabrication And Installation
- Contact: Phil Bongiorno
Quick Facts
Asking Price: | $90,000 | |
Annual Revenue: | $157,477 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $31,088 | |
Total Debt: | Not Disclosed | |
FF&E: | $76,600 | |
Real Estate: | Not Disclosed | |
Year Established: | 2007 | |
Employees: | 1 | |
BBN Listing #: | 996960 | |
Broker Reference #: | HZ567PB |
Business Overview:
Excellent opportunity to take over a family-owned and operated business that has been serving the DC metro area for nearly two decades. The company is based in Northern Virginia and provides precise laser measuring and estimates, customized design options, 1st quality stones (highest quality), fair and reasonable pricing, prompt fabrication and delivery with professional installation, and excellent customer service.
The company is a market leader when it comes to offering their customers the latest technological advancements in the industry. The team fabricates and polishes each countertop with Italian-designed machinery (known as the best in the industry), diamond-impregnated tools and blades, along with laser measuring and computer-generated templates for intricate projects to ensure the utmost of accuracy and precision.
The business has a great reputation and existing customer base so the next owner will be able to step in and build on the years of success. There are annual contracts in place with key accounts that have been renewed consistently over the years. The owner is committed to ensuring a seamless transition and will remain available post-sale to personally introduce the future owner to the primary customers.
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Property Features and Assets:
The business operates out of an industrial warehouse space in Northern Virginia that measures 3,200 square feet and is leased for $2,450/month. The current lease expires in January of 2026 with flexible annual renewal terms. The next owner has the ability to sign a new long term lease or relocate the business to a new location at their discretion.
Market Competition and Expansion:
Competition:
There is limited direct competition that performs granite and marble sourcing, fabrication and installation in one shop.
Growth & Expansion:
The company enjoys a long-standing relationship with a major customer that accounts for a majority of the annual business revenue. This relationship spans over many years and is built on consistent performance, exceptional service, and a deep understanding of the client’s operational needs. While this main client provides a stable revenue stream, there is opportunity to diversify the customer base through targeted sales/marketing efforts, expansion into related markets, and leveraging the company’s strong reputation to win similar accounts.
Reason for Selling:
Owner is retiring. Kindly ask the seller for more information.
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
Documents:
Relevant Links:
- View more Virginia businesses for sale
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