Distributor & Fabrication of Natural Stone w/350 Projects Annually - Business For Sale

950

This third generation business which manufactures in over 50,000 square feet specializes in high-quality granite, marble, limestone and onyx. Products offered include kitchen countertops, bathroom countertops, bathroom vanities, travertine and tiles.

When purchasing this business, there are included assets of over $2.4 million in value, including $1.7M in equipment (CNC machines, edge polishers, bridge saws, etc) and $750,000 in material slabs. This company was established in 1918 but still has room to grow. Over Growth opportunities include installing flooring and website search optimization to rank higher.

Operations include receiving imported stone and cutting and fabricating it for the end user. The trained professional staff of 20 full-time employees includes a General Manager. In addition to the staff, the current owner will stay on for two years at no cost to ensure a smooth ownership transition. In 2014 the current owner profited over $400,000 in cash flow after expenses. With a 15% buyer down payment of $360,000 and a matching seller carry, a bank could fully collateralize a loan with the existing business property and inventory.

Facilities:

Location: Omaha, Nebraska Service Area: Omaha metropolitan area and beyond

Growth Potential:

Install Flooring, website search engine optimization

Training/Support:

Current owner will stay on for two years at no cost to train and transition new owner

Seller Financing:

15%