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17564-Highly Profitable Stone Manufacturing

TX

Seller Financing Available
17564-Highly Profitable Stone Manufacturing
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Asking Price: $9,400,000

Cash Flow: $1,191,000

Gross Revenue: $2,905,000

EBITDA: $898,000

FF&E: $3,500,000

Inventory: $1,750,000

Established: 2003

17564-Highly Profitable Stone Manufacturing

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Business Description

Boasting a strong niche focus of being one of the only supply companies in its area to be privately owned, inhouse custom manufacturer provides stone products and delivery services to its surrounding geographic area. Including cut or polished limestone, bathroom and kitchen fixtures, mulch, granite and marble amongst others; with majority of its income sourced from repeat clients needing raw materials for contracting applications. Headquarters operates from 27,000 square feet of property in Northeast Texas, found to be in excellent condition, zoned for commercial use, and capable of handling additional capacity; facility is available for a *separate purchase from the Asking Price. Since inception in 2003, company functions benefitted by a skilled personnel of nine nonunion employees with field experience have created a promising track record of seventeen years in business ensuring high levels of customer satisfaction and cost controls. Seller agrees to a smooth transition of up to one year, as advertising efforts have presented effective returns from minimal capital investment through marketing methods such as direct walk-ins and word of mouth referral sources; allowing several growth opportunities for a strategic buyer. Currently projecting to outpace gross sales reports for 2019, company’s total revenue in 2018 reached $2,904,856, with Seller’s Discretionary Earnings of $969,706. Based on an independent evaluation!

Detailed Information

Inventory:
Included in asking price
Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Negotiable for the right buyer
Support & Training:
The owner is available for a standard transitioning period up to one year.
Reason for Selling:
Approaching retirement
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(from currently available funds)
 
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IAG Buyer Division

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IAG

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