Business Overview:
This business was established in 2013. They are primarily a business to business designer, manufacturer and distributor on a large scale of stone countertops and cabinets, Revenue in 2018 was $10.5M, 2019 $ 12M and in 2020 sales hit $14.2M. For the nine months ending September 30, 2021 revenue was $13.2M and the seller discretionary earnings (SDE) were $2.2M. It is estimated that for 2021 revenue will come in between $18M and $20M and the SDE between $2.8M and $3.0M. They have locations in Atlanta, Florida and Tennessee. Receivables run about $3.5M. We are asking $8M for the business not including receivables or inventory which is about $700K to $900K.
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Property Features and Assets:
.This business was established in 2013. They are primarily a business to business designer, manufacturer and distributor on a large scale of stone countertops and cabinets, Revenue in 2018 was $10.5M, 2019 $ 12M and in 2020 sales hit $14.2M. For the nine months ending September 30, 2021 revenue was $13.2M and the seller discretionary earnings (SDE) were $2.2M. It is estimated that for 2021 revenue will come in between $18M and $20M and the SDE between $2.8M and $3.0M. They have locations in Atlanta, Florida and Tennessee. Receivables run about $3.5M. We are asking $8M for the business not including receivables or inventory which is about $700K to $900K.
Market Competition and Expansion:
This business was established in 2013. They are primarily a business to business designer, manufacturer and distributor on a large scale of stone countertops and cabinets, Revenue in 2018 was $10.5M, 2019 $ 12M and in 2020 sales hit $14.2M. For the nine months ending September 30, 2021 revenue was $13.2M and the seller discretionary earnings (SDE) were $2.2M. It is estimated that for 2021 revenue will come in between $18M and $20M and the SDE between $2.8M and $3.0M. They have locations in Atlanta, Florida and Tennessee. Receivables run about $3.5M. We are asking $8M for the business not including receivables or inventory which is about $700K to $900K.
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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