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Custom Manufacturer Of Countertops
Location Colorado,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1110997
Net Profit / Cash Flow $65355
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2011
Number of Employees 6 - 9
Inventory 530000
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training Negotiable as required by purchaser.
Reason for Sale Health and Retirement
Description This long established business has been built on the premise that today's homeowners, home builders, remodelers and commercial business owners need a quality vendor to provide custom manufactured self-edge and post form laminates as well as solid surface countertops and associated cabinetry. Their state-of-the art plant and designer showroom allow the client to visualize the type of products they can produce and offer prior to placing their orders. In addition to fabrication they have a well-trained staff that takes pride when it comes to installing the finished product.
This business was started prior to 1990 and they currently owners operate from a 16,000+ square foot facility and since they purchased the business they have replaced all the equipment and upgraded all the equipment and facilities such that they have set the standard in the design and fabrication of custom counter tops.
Equipment $430,000 (FMV)
Vehicles $70,000 (FMV)
Inventory $30,000 (Cost plus freight-in)
Strict quality control allows this business to manufacture countertops faster and better than their competitors. The downturn in the economy has forced them to focus their business on remodelers and the home owner market; in addition the slow economy has eliminated many of the competitors in the market. As the economy improves, they are well positioned to capitalize on the increase since there is no need for equipment upgrades or replacements. The modern facility can handle sales of 4X the current amount with nothing more than increased labor. The plant can also accommodate any other type of fabrication or complimentary manufacturing. Ideal business for husband wife team or partnership that can split duties of manufacturing and sales.
$600,000 for the business, and $1,200,000 for the real estate.
Cash flow for business only $65,355. Cash flow for business and real estate $181,635
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