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Manufacturing of Granite, Tile, Stone, Cabinets, Counter Tops

NM

Manufacturing of Granite, Tile, Stone, Cabinets, Counter Tops
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Asking Price: $2,500,000

Cash Flow: $564,236

Gross Revenue: $3,165,087

EBITDA: N/A

FF&E: $475,000

Inventory: $15,000

Real Estate: $900,000

Established: 2001

Manufacturing of Granite, Tile, Stone, Cabinets, Counter Tops

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Business Description

This modern manufacturing company specializes in residential and commercial new builds and remodels for kitchen and baths. Started in 2001 and supported by a staff of 20. We believe that this business purchase can be financed via the SBA loan program.

Below is a SBA proposed loan structure:
For Discussion Purposes Only:

$1,600,000 Business Acquisition
$900,000 Real Estate Purchase
$335,000 Down Payment (10% on real estate and 15% on business.
$60,578 SBA guaranty fee (financed)
$2,230,500 Proposed SBA7a loan includes SBA guaranty fee
Today’s “mixed maturities – meaning business and real estate combined” interest rate is 5.42% fixed for 25 years/25 year amortization = $13,666 estimated monthly payment

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
10,120
Employees:
20
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This modern manufacturing facility is located in an paved industrial park occupying 10,120 square feet.
Support & Training:
30 days.
Reason for Selling:
Pursue Other Interests
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Bob Cortez

Business Listed By:
Bob Cortez

Corporate Investment Business Brokerage

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