Countertop Fabricator & Installer - Semi Absentee

Business Overview:

Northern California Semi-Absentee Custom Stone Countertop Fabricator And Installer - SC2135

Financial Information
Asking Price: $1,950,000
Cash Flow: $703,829
Gross Revenue: $9,020,702
Down Payment: $1,950,000

This Northern California Custom Stone Counter Fabrication and Installation Company is a California Sub-Chapter S Corporation that has been in business under the original founder for 18 years. With so many years in the business and their long-standing reputation, this company specializes in fabricating and installing custom stone countertops. They work with a myriad of materials including granite, marble, soapstone, quartz, and quartzite. From bathrooms to kitchens, exterior surfaces to commercial, they offer any size surface for any application anywhere the client wants. No project is too big or too small. They have a whole slab yard of remnant stone slabs for those smaller custom projects that may be needed. They work all over Northern California and in some parts of Nevada.

CA 02100708
NV 1003039

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Property Features and Assets:

Business Location
City: Northern California
State: California

Detailed information
Year Established: 2005
Home Based: No
Franchise: No
Relocatable: Yes
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 25
Part-Time Employees: N/A
Contractors: N/A
Owner Worked Hours/w: 30
Adjusted EBITDA: $942,098
Inventory Included: Yes
Inventory Value: $150,000
Monthly Rent: $18,000
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value: On request
Building Size: 15000
FF&E Included?: Yes
FF&E Value: $1,500,000

Facilities Description
Facility is owned by the Seller and is fully outfitted with all of the necessary equipment for countertop fabrication.

Market Competition and Expansion:

Growth can be obtained by increasing marketing efforts for the business and developing more long-term relationships. This business has enjoyed long term relationships with very large national DIY brand stores and are a go to choice for some of them in the Northern California market. Continuing to develop these relationships along with relationships with custom home builders and General Contractors will help to boost sales.

Training/Support
The Seller is willing to train the new Owner for up to 4 weeks at 30 hours per week. Additional training from the Seller may be available at mutually agreed upon compensation from the Buyer to the Seller.

 

Reason for Selling:

The reason for selling is the Seller would like to pursue other interests.

Additional Details:

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