Cultured Marble Manufacturing and Installation

Henderson, TN (Chester County)

Cultured Marble Manufacturing and Installation

Asking Price:$135,000

Cash Flow:$81,803

Gross Revenue:$428,464

EBITDA:$103,126

FF&E:$125,000

Inventory:$9,000

Real Estate:$290,000*

Established:1995

*not included in asking price.

Cultured Marble Manufacturing and Installation

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Business Description

This is a rare opportunity to purchase a 20 year old manufacturing business, with and experienced and tenured work force, at near asset value. The company has a reputation for being the best in the market, gained from years of paying attention to the details of quality manufacturing and installation.

Whether your skills are in manufacturing, sales, or one of the construction trades, this might be the opportunity for you, as the current ownership wears each of those hats.

As one owner is retiring, the remaining partner does not wish to continue in the business without his 20 year partner.

Call Sam Cantor at (901) 722-4826 today to discuss this opportunity in complete confidence.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
N/A
Employees:
2 not inc owners
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The company operates in two attached buildings of about 12,500 square feet total. While one building serves as a manufacturing and pouring facility, the other serves as a finishing area, office and showroom. The buildings are located in a small suburb 15 minutes from Jackson, TN. There is ample parking, the buildings are well maintained and there is no deferred maintenance. Seller would prefer to sell the building, but would consider leasing to a qualified Purchaser.
Competition:
With over 69 years of combined experience between the owners and the employees, this company is known in the market for the quality of their manufacturing process as well as the installation of their product. This has allowed them to develop long term relationships with all the trade craftsmen including contractors and renovators. In addition, a fair number of consumers deal with the company directly by coming into the showroom.
Growth & Expansion:
Two years ago, another third partner left the business. At that point the remaining partners decided to discontinue some labor intensive products, and to downsize the workforce, making the company more easily managed. The equipment and expertise is still there to restart those product line should a new owner want to. A concentrated sales/marketing program would benefit the company as well.
Financing:
Seller prefers all cash.
Support & Training:
Seller will train a Purchaser to ensure a smooth transition. (Employees have 29 years combined experience with this company too.)
Reason for Selling:
One owner is retiring, the other doesn't want to continue without him.

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Sam Cantor

Business Listed By:
Sam Cantor

Sam Cantor & Company

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