Highly Profitable Stone Fabricator & Installer, Great Location PL...

Undisclosed Address, Massachusetts
Business Opportunity for Sale
Catylist Listing ID: 29949952
Property Subtypes: Building and Construction Services
Building Size (RSF): See Agent
Sale Price: $400,000
Gross Revenue: $866,834 (Annual)
Cash Flow: $312,361 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Sale Terms: FFE included in Asking Price plus Seller willing to offer all Inventory (nearly $1 Million at wholesale) on Consignment! Huge Advantage to Buyer! Buyer also willing to consider other options. Must sell due to health.
Last Updated: 10/15/2017

Overview / Comments

Over 25 years, they have been the preferred fabricator for many designers, architects and homeowners throughout New England. They have one of the largest and exotic inventories of natural and engineered stone & Owner is willing to provide it all on consignment to Buyer. They have won numerous awards for their service and have a very loyal following amongst consumers, designers and contractors alike. The business has a great retail “showroom” location with plenty of parking and space to display granite outside. Adjacent to the showroom is the warehouse and fabrication facility.

Furniture, Fixtures, & Equipment (FF&E): Included in Selling Price, on request

Attachments & Media

Additional Details

Industry Segment: Other Services
Reason for Selling: Health issues
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Employee/Labor Description: Experienced and long-term employees
Mgmt/Training Support Description: Seller is willing to assist in support & training PLUS provide nearly $1 Million in Inventory on Consignment to New Owner.
Competition/Market Description: A few large competitors but no one that directly competes in the high-end market while offering such great service, quality and large inventory of exotic stone.
Growth/Expansion Opportunities: Opportunity for an existing stone fabricator to acquire this high-end, well-known brand with a large and diverse customer base while also adding a strong retail location. Fabrication could be moved into a central location to reduce costs. Increase retail/showroom hours to capitalize on this high traffic location. Increase marketing dollars to expose more consumers, designers, architects and contractors to the company and brand. Highlight large and “unique” inventory, fabulous customer reviews, and ideal showroom location and quality workmanship. The best part, the owner is willing to leave inventory on consignment, which in turn frees up significant cash flow.
Seller Financing Description: Is an option depending on the buyer and overall price.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,516 19,375 74,822
Median Age: 44.05 44.77 43.86
Households: 517 6,880 27,131
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