Architectural Stonework Manufacturer with Real Estate
Vermont
| Asking Price: | $1,200,000 |
| Gross Revenue: | $1,500,000 |
| Cash Flow: | $314,000 |
| Inventory: | $250,000 |
Listing ID: 2286462Listing provided by BizBuySell
BUSINESS DESCRIPTION
Turnkey operation with over $1.5 million in revenue
This long-standing architectural stonework business is well-known and respected in the industry. With 2023 revenue of over $1.5 million, the business generated discretionary earnings of $314,000 to its owner.
DETAILED INFORMATION
Location
Vermont
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Employees
11
Facilities
The business operates out of an 8,000 square foot production space situated on 2.4 acres. In addition to production space the property includes a showroom/office and 4,000 square feet of storage space. The property is owned by the seller of the business and is included with the sale.
Competition
While there are other architectural stonework manufacturers within the immediate market area, the business sets itself apart through the quality of its craftsmanship and depth of knowledge. The business operates throughout New England whereas most of its competition operate within a narrow radius of their location.
Growth & Expansion
There is substantial demand in the market to support organic growth within the business, which could be achieved through a small investment in sales and marketing. There is also an opportunity to expand the current product line offering as well as distribution through additional retail outlets.
Support & Training
Seller will assist in the transition and train new owners as well as enter into a non-competition agreement.
Reason for Selling
Retirement
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