Stone Fabrication Company for Sale in Suffolk County, NY 31947

Suffolk County, NY

Stone Fabrication Company for Sale in Suffolk County, NY 31947
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Asking Price: $699,000

Cash Flow: $280,000

Gross Revenue: $890,000

EBITDA: N/A

FF&E: $150,000

Inventory: $200,000*

Established: N/A

*not included in asking price.

Stone Fabrication Company for Sale in Suffolk County, NY 31947

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Business Description

Stonework Manufacturer for Sale

High End - Stone Fabrication and Installation & Property Option. *PRICE REDUCED*
This business has been established for over 33 years.
They specialize in the fabrication of high end and high margin stone (eg. quartz and marble) for the east end of Long Island.
They primarily work with interior designers, builders and contractors.
Most of their work is custom. The business occupies a spacious 6,700 sq. ft. facility that is fully equipped with all fabrication equipment on site.
They have 2 garage bays with 2 offices and over 2,000 sq. ft. of interior storage for sensitive stone slabs.
In addition, there is approx. 1/2 acre of outdoor yard space with additional stone slabs.
The current rent for the entire facility is only $6,700/mth (Incl. all taxes and CAM).
In addition, there is an option to buy the property for approx. $1.3 mil. This is a prime location with easy access to all major roadways in and out of the Hamptons and points to the West.
There is enough space to add a full mason yard or additional services such as kitchen and bath cabinetry.
In the past year the business grossed approx. $700,000.00 with a net cash flow of approx. $280,000.00.
There are 5 F/T employees. That includes 2 F/T owners. There are also additional sales.
The sale price includes all furniture, fixtures, equipment.
We are seeking a serious and financially qualified buyer with at least $400K in liquid funds to cover the asking price, plus an additional $200K for inventory (negotiable).
ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT SPEAK WITH ANYONE WHEN VISITING THE LOCATION.
ALL MEETINGS MUST BE MADE BY APPOINTMENT ONLY!

We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Detailed Information

Location:
Suffolk County, NY
Inventory:
Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
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Vested Business Brokers, Ltd

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Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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