Business Overview:
This business was established in 2013. They are primarily a business to business designer, manufacturer and fabricator on a large scale of stone countertops and cabinets. Their customer base ranges from investor groups building or renovating 100s of units at a time to builders, homeowners and contractors. Revenue in 2018 was $10.5M, 2019 $ 12M and in 2020 sales hit $14.2M. In 2021 revenue came in at $18.9M with seller discretionary earnings (SDE) in the $2.7M range. In Q1 2022 revenue topped $5.8M with a net income above $1.6M. They have locations in Atlanta, Florida and Tennessee. Receivables run about $3.5M. We are asking $13M for the business.
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Property Features and Assets:
This business was established in 2013. They are primarily a business to business designer, manufacturer and fabricator on a large scale of stone countertops and cabinets. Their customer base ranges from investor groups building or renovating 100s of units at a time to builders, homeowners and contractors. Revenue in 2018 was $10.5M, 2019 $ 12M and in 2020 sales hit $14.2M. In 2021 revenue came in at $18.9M with seller discretionary earnings (SDE) in the $2.7M range. In Q1 2022 revenue topped $5.8M with a net income above $1.6M. They have locations in Atlanta, Florida and Tennessee. Receivables run about $3.5M. We are asking $13M for the business.
Market Competition and Expansion:
This business was established in 2013. They are primarily a business to business designer, manufacturer and fabricator on a large scale of stone countertops and cabinets. Their customer base ranges from investor groups building or renovating 100s of units at a time to builders, homeowners and contractors. Revenue in 2018 was $10.5M, 2019 $ 12M and in 2020 sales hit $14.2M. In 2021 revenue came in at $18.9M with seller discretionary earnings (SDE) in the $2.7M range. In Q1 2022 revenue topped $5.8M with a net income above $1.6M. They have locations in Atlanta, Florida and Tennessee. Receivables run about $3.5M. We are asking $13M for the business.
Reason for Selling:
Other businesses
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
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