Producer & Supplier of Roofing Slate

North East

Producer & Supplier of Roofing Slate
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Asking Price: Get Financing: N/A

Cash Flow: N/A

Gross Revenue: $7,400,000



Inventory: $2,204,000*

Established: N/A

*not included in asking price.

Producer & Supplier of Roofing Slate

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Business Description

The Company owns or operates over 450 acres of quarry property in the Northeast US. It offers a full array of slate colors in a variety of sizes and textures, providing varied architectural effects which contribute greatly to the appearance and beauty of any building. In 2017, revenues were comprised of roofing slate (98%) and nails and other structural products (2%).

The Company relies on its long history and strong industry reputation, direct sales, word-of-mouth, and referrals to generate new business. Since inception, it has established an extensive network of contacts in numerous industries. Customer markets include wholesale (45% of 2017 revenues), roofers (36%), general contractors (13%), and others (6%). The Company serves customers located throughout the US and occasionally overseas.

It operates from seven quarry facilities containing a mix of a quarry, office, mill, and block storage. The staff totals 16 full-time and 6 part-time employees, including 1 active principal.

Detailed Information

Not included in asking price
* Superior Name and Reputation: The Company has a long-standing (over 100 years) reputation for its focus on quality products, offering reliable expertise, and providing superior customer support. * Strong Quarry Reserves: The Company has access to sought-after slate materials that is expected to last for many decades in the future. * Diversified Customer Base: The customer base is diverse as no one customer represents more than 9% of revenues in a given year. * International Reach: The Company has supplied products and/or services to customers throughout the world, including Canada, Asia, and Europe.
Growth & Expansion:
If properly capitalized, the Company has opportunities to expand its national and international reach and broaden product offerings to further improve appeal with new and existing customers.
Reason for Selling:
Additional capital required to take company to the next level
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George Nova

Business Listed By:
George Nova

Generational Equity, LLC

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Sponsoring Broker:
Lisa Lippe

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