Stonework, hardscaping, outdoor kitchens, pool tile installs

Dallas, TX (Dallas County)

Seller Financing Available
Stonework, hardscaping, outdoor kitchens, pool tile installs

Asking Price:$359,000

Cash Flow:$177,000

Gross Revenue:$832,500

EBITDA:$170,000

FF&E:$50,000

Inventory:$10,000

Established:1985

Stonework, hardscaping, outdoor kitchens, pool tile installs

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Business Description

PRICE REDUCED: Stonework, hardscaping, outdoor kitchens, fire pits and places, swimming pool tile and coping installation. With annual gross sales of $832,500 and a cash flow of $177 ,000 T.T.M, this company has an excellent reputation with the general contractors, as well as the swimming pool contractors. The T.T.M revenue is at of $883,615 with a net income of $177,000. This company has four master stone craftsman, which ensures that the customer only receives the highest quality craftsmanship and an immaculate and stunning product. They just recently were awarded the tile and coping installation work for a large North Texas Pool builder. This new client could add an additional six figures to its annual revenue. There are 6 - 10 employees, consisting of 4 master craftsmen and two experienced helpers. The business is available for $359,000,

Detailed Information

Inventory:
Included in asking price
Employees:
6 - 10 as needed
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Industrial 2,400 square foot industrial area includes two offices as well as a large garage area (business owns 4 large trucks). There is also a large fenced in outdoor area for stone storage and vehicles. Current rents is $1750 per month. lease is M.T.M. so relocation is not an issue.
Competition:
Average competition, but few enjoy the reputation or longevity of this company.
Growth & Expansion:
Great marketing and advertising opportunities await the new owner. This business does not have a website and has done minimal to no marketing or advertising for many years. The housing boom is in full swing and the company is ready to capitalize on this boom. Owner continues to achieve nice revenue increases annualy.
Financing:
TBD
Support & Training:
Seller will furnish two to four weeks of hands on training as needed to the buyer, plus ongoing support for 4-6 months as needed. Over the last several years, the sellers has reduced his hours dramatically. The new owner could spend additional hours on marketing and sales initiatives and networking.
Reason for Selling:
Retirement, owned 31 years plus.

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Michael Saunders

Business Listed By:
Michael Saunders

Lesdon & Associates

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