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Established Cut Stone Manufacturer For Sale
Location California,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1550000
Net Profit / Cash Flow $245500
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1993
Number of Employees 10 - 19
Inventory 250000
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Training Seller training available
Reason for Sale Retirement
Description Well established cut stone and stone manufacturing company with 17 years of service in the San Francisco Bay area. The business is very client focused which has allowed them to develop and maintain a solid client base with a good mix of residential and commercial clients. To date they have performed over 500 commercial installations throughout the United States and have several national commercial accounts. The business also maintains an environmentally friendly approach through the use of 100% solar power for their facility and the use of recycled products like Vetrazzo and Icestone in addition to other manufactured and natural stone products. The business provides consistent, predictable revenue and positive net income.
This is an exceptional opportunity for either a seasoned cut stone manufacturer looking to strategically enter the Bay area or an investor new to the cut stone industry, with this turnkey operation that offers the advantage of solid net income while providing an excellent platform for growth.
Available for sale under separate agreement includes 12,500 total square feet, 1,500 sq ft of interior office space and 11,000 sq ft of manufacturing space. An adjacent outdoor area of approximately 2000 sq ft located on an extinct railroad is available to the property, while not officially deeded to the main property there is implicit title to this land. A 50 kilowatt solar system installed on the roof (under a lease agreement) which currently supplies 100% of the electrical needs (seasonally dependent). The exterior of the building is plastered with new anti graffiti paint installed in 2007. There is a drive-up ramp in the shop in addition to a high dock for the loading and unloading of semis. Great central location and access to major cities and freeways in the San Francisco Bay area. Asking: $830,000.
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