Gross Revenue: $4,000,000
* not included in asking price.
30-year Established Stone Fabricator
This business designs, fabricates, and installs stone (granite, quartz, marble, etc., as well as tile), providing elegance, design, and craftsmanship. They have a stellar reputation, and currently specialize in high-value homes through their network of designers, architects, & contractors.
The owner is retiring, and is searching for his successor. The building has been tailored for efficient operations; major equipment is already installed on the premises, the large onsite storage yard is ideal for material loading, and all fabrication equipment is state-of-the art and maintained with care. Owner hires with an eye for top talent; most employees have 5+ years tenure; many key staff have 20+ years at the company. The crew leaders, shop foreman, fabrication supervisor, all the way through the mechanics are the best in the business. The staff handles the day-to-day job details. Owner schedules jobs, interfaces with supervisors and subcontractors (as required), handles preliminary job specifications, and performs administrative duties in conjunction with his staff. Jobs range from $100K to $1M+, involve detailed craftsmanship, and often span several years. They have a long tradition of steady revenue; even during the recession, most staff maintained their positions and it was business as usual. New ownership can continue to expand in the high-end markets, branch out to new markets (tract, apartment, etc.), or complement an existing construction related business. Owner would consider selling the building as well for the right Buyer. If you've ever considered entering the industry, expanding to stonework, or branching out on your own, this is a perfect way to go. This is a fabulous opportunity to get a 30-year established manufacturing company for just above asset value.
Inventory: Not included in asking price
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Support & Training: Seller will provide extended training (as required) to Buyer.
Reason for Selling: Owner Retirement
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