Manufacturer Of Countertops & Vanities
Location South Carolina,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $4500000
Net Profit / Cash Flow $250000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1990
Number of Employees 20 - 34
Relocatable Not Disclosed
Number of Employees 20 - 34
Real Estate Owned
Training Seller will train as needed
Reason for Sale Burnout
Description This business has a great reputation and sells its products to track built housing companies some of which are public companies. They manufacture marble vanities and control the majority of that market for at least a 150 mile radius, but the other half of their sales are granite counter tops. Sales are done into 4 states and about a 4 hour radius of the plant. The Seller does not enjoy the administrative duties but enjoys sales and overseeing production. He would welcome the opportunity to work for the new owner. Sales in 2012 are up a good bit over 2011 as the housing market continues to improve. The real estate has two buildings, one 40,000 SF and another 12,000 SF which are available for purchase or lease. The Seller is motivated to sell and open minded on price and terms. For additional information, contact Bill Law at 904-819-6930 x 12
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