Asking Price:

$385,000

Gross Income:

$332,007

Cash Flow:

$59,000

EBITDA:

N/A

FF&E:

$220,000.00 *

Inventory:

$40,000.00 *

Real Estate:

$250,000.00 *

Year Established:

1990

Employees:

Owner + 2FT

Business Types:

Stone, Clay, Glass, Concrete
Blding Mat., Hardware, Garden

* included in the asking price

Business Description

This business is a premier supplier of fabricated stone countertops, floors, enclosures, fireplace surrounds, and other custom solutions used in homes and offices. The company has a highly regarded reputation among contractors, designers, and home owners in the Treasure Valley market and Central Mountain communities such as McCall. Its products and craftsmanship are featured in the annual contractor's showcase of homes. The company is known for its high quality work and attention to detail. Raw materials are sourced through local vendors and come from quarries throughout the world. Computerized fabricating equipment including the most recent software upgrades - represents the latest in production technology. The company operates out of a 3000 sq. ft. steel building on 0.43 acres in a newer light industrial park less than one mile from the Garrity Blvd. interchange on Interstate 84, with excellent access to the entire metro area. The property is paved and surrounded by security fencing and lights. Real estate is included in the sales price.

Detailed Information

Facilities:

Newer 3000 sq. ft. steel building containing main production area, office, and showroom on 0.43 acres. Real estate is included in the sale.

Competition:

Sales have been impacted by a slowdown in new home construction and remodeling, however, the company enjoys resilient relationships with long-established builders and serves high-end clients that are less affected by fluctuations in the economy. This, and the company s excellent reputation, allows it to hold prices and margins on its products and services.

Growth/Expansion:

The company is lean and mean going forward with a core staff and customers that still offer good sales at great margins. This positions the company for even better flow through to the bottom line going forward.

Support/Training:

Seller will provide 40 hours of transition assistance (included) and additional consulting as negotiated. Focus will be on transfer of relationships and vendor introductions. Seller will consider working as installation subcontractor or sales person for new owner.

Reason Selling:

Seller would like to focus on installation/sales of the company's products.