Profitable Granite Fabricator and Installer

Not Disclosed, TN


Asking Price: Annual Revenue:
$1,225,000 $1,220,000

Services: Home Improvement, Repair, Painting


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RE: Profitable Granite Fabricator and Installer Broker: Bill Pinson

Quick Facts

Asking Price: $1,225,000
Annual Revenue: $1,220,000
Net Profit: $280,000
Cash Flow: $237,000
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: $625,000
Year Established: 1991
Employees: 5
BBN Listing #: 513043201
Broker Reference #: Not Disclosed

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Business Overview:

Profitable Natural Stone Fabricator and Installer in Growing Industry.

There are a number of granite companies out there, but this company markets high end products where others don't and there is tremendous room for growth. Business is coasting but with a little finesse, there is no reason it cannot do $2M a year. Expected to hit $1.5M in 2022 with profits over $350,000. Beautiful facilities. This is a solid business with proven success, in a growing industry. Are you looking to buy a business that has great margins and such a good reputation they don't need to advertise? This is it. Are you equipped to take on this success and take it to the next level?

Natural Stone Fabricator and Installer located in the Southeastern Tri-State area, that has been in business for over 30 years. They specialize in custom stone work including granite, marble and limestone counter tops, flooring, fireplace surrounds, outside grill areas, beautiful showers and many other stone applications. Amazing reputation. Well trained staff with decades of experience. Most of the employees have been there for over 20 years. Real Estate is included in total asking price of 1.225M.
Warehouse is equipped and a good size, 10,000 square feet, room to grow. Sitting on about 2 acres with plenty of parking.

Excellent reputation and high end products give them a strong competitive edge.

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Property Features and Assets:

The warehouse is 10,000 square feet and sits on about 2 acres. The facility is clean and in great shape. Plenty of parking. Most of the equipment is new and no replacements or major repairs are foreseen in the coming years.

Market Competition and Expansion:

The industry is growing at a rate of about 5%. Located in the midst of several high growth areas, the market just keeps growing. There is no slow in demand. Although there are competitors in some of the surrounding areas, they do not notice an effect due to an unsaturated market. They also hold a strong point of difference as the quality of their products is very high, they are in a high end niche market. The warehouse has plenty of room to grow, growth is possible by hiring an training more employees.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • 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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