Large Stone Countertop Fabricator / Installer For Sale

Listing: # 8293
Price: $
Location: Houston
Listing Profile
Classification: |
Service Business |
Purchase Price: | $ |
Real Estate Price: | $0 |
Working Capital: | $ |
Total Investment: | $ |
Down Payment Required: | $ |
Gross Revenue: | $7,551,044 |
Discretionary Earnings: | $940,210 |
Imputed Rent: | $0 |
Total Cash Flow: | $0 |
Description and Operations
Established Date: | 2005 |
Monthly Rent: | $9,389 |
Reason for Sale: | Retirement |
Employees(Full): | 50 |
Employees(P/T): | 0 |
Reason for Sale:
Retirement
Description:
Opportunity to acquire one of the largest stone countertop fabricators in the state of Texas. The company has been in business since 2005 and initially focused on being the product and labor supplier for the big box home improvement retailers. The current owner purchased the company in 2018 and quickly doubled the revenue by strengthening the relationship with the big box stores and by diversifying the customer base into direct-to-consumer sales and home builder sales. Focus on workmanship and customer communication has paid off with recurring revenues and a 4.9 Google rating. Fabricators and installers are skilled craftsmen. Company has spent over $600,000 in capex in the last two years acquiring state-of-the-art cutting and template machines. Fantastic website with ease-of-use customer design tools and online ordering capability. Effective marketing program includes Google Ads, CRM Drip, Social Media and TV. Written processes in place for all areas of the business. High gross margins range from 50% - 70% on new sales and 90% on remnants. Management team in place – owner spends minimal time running the business. Great growth potential. This company checks all the boxes.
Contact Frank Stabler