Hi-Profit Granite Fabricator

Loudoun County, VA

Seller Financing Available
Hi-Profit Granite Fabricator

Asking Price:$1,100,000

Cash Flow:$400,000

Gross Revenue:$3,400,000

EBITDA:$400,000

FF&E:N/A

Inventory:N/A

Established:2009

Hi-Profit Granite Fabricator

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Business Description

Hi-profit Granite Fabricator

This well-run Company is a leader in the field of fabrication and installation of natural and quartz stone countertops. Established in 2009, the Company’s dedication to customer service and quality workmanship has allowed it to grow from a small start-up servicing residential clients and small contractors to a trusted “go-to” vendor for many of the area’s largest and most prestigious General Contractors. With revenues of $3.4M and growing, this Company's excellent reputation has allowed it to, with no advertising, add new GC clients to its roster every year (without losing any existing GC clients). The Company specializes in work for new and rehab multi-unit structures. It's experienced team of managers, estimators, fabricators and installers makes their projects seamless for their GC clients, insuring that the GC comes back to the Company again and again when new projects come on line. The Company's core market area includes some of the richest and fastest-growing counties in the US. The Company has a very strong backlog of signed contracts and is poised to continue its growth into the future.

Detailed Information

Inventory:
Included in asking price
Employees:
22
Facilities:
The Company operates out of a leased facility that is convenient to major roads in its service area. The facility houses its office, showroom, warehouse and workshop.
Competition:
While their are other granite fabricators in the Company's market, this Company has carved out a niche for itself and has little direct competition.
Growth & Expansion:
The Company grows, with no advertising except by reputation and word-of-mouth, by adding new GC clients every year (while retaining all existing clients). New, more aggressive ownership could grow even faster by expanding the Company's geographic footprint - many of its clients are large regional or national GC's who would pleased if the Company would accept work outside of its existing service area. And finally, the Multi-Unit Residential Market in which the Company has much of its business is in an expansion mode that is expected to continue for the foreseeable future.
Financing:
Bank financing available for qualified buyers
Support & Training:
The owner will help train the buyer and familiarize him with all aspects of the business after closing.
Reason for Selling:
Other business interests

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Bill Blumberg

Business Listed By:
Bill Blumberg

Prime Investments

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Sponsoring Broker:
Don Naideck

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