Stone Manufacturer *Turnaround Opportunity*
Established Year: | 1979 |
Turn-Around Opportunity!
This Stone Manufacturer specializes in the production of high-quality manufactured stone veneer, distributed through a well-established network of contractors, fireplace shops, builder supply outlets, and retail dealers. Its commitment to providing comprehensive technical and marketing support ensures success across all levels of its distribution chain—from contractors to retailers.
This opportunity includes a total of 31,552 square feet of building space spread across 5 well-maintained structures, situated on a prime piece of property. The real estate alone is valued at $1,650,000, presenting a substantial asset for potential buyers. Ownership is highly motivated to sell, offering a rare chance to acquire a valuable real estate package with significant upside potential.
While the Company has faced recent challenges, this is an ideal opportunity for a buyer looking to turn around a business in the manufactured stone industry. With a long history of providing quality stone veneer products to contractors, builders, and retail dealers, the Company’s foundation is solid but requires fresh leadership and strategic vision to regain its competitive edge.
Dec. 31, 2023 Revenue: $599,430
Sept. 23, 2024 Inventory: $114,294
Estimated Equipment Value: $645,000