Manufacturer of high quality stone veneer for residential/commercial

Minnesota

Seller Financing Available

Asking Price:	$895,000
Inventory:	$40,000
Real Estate:	$1,795,000

Gross Revenue:	$1,400,000
EBITDA:	$225,000
Established Year:	1990

Listing ID: 2127693Listing provided by BizBuySell

BUSINESS DESCRIPTION

We are pleased to present this 25-year-old manufacturer of man-made veneer stone that has full-color integration. The company offers an extensive variety and colors, profiles, blends, accessories, and other customization and is one of the original manufacturers of the mechanically fastened, screw-on panel now the fastest-growing segment in stone veneer. The facility is within 75 miles of the Twin Cities Metro area with easy and quick access.

Since 1990, the company has offered a wide selection of stones with multiple base colors integrated throughout the entire product. In comparison, many other cultured or man-made stone veneer suppliers use the coloration process as just a surface application. The commitment to excellence makes all the difference in a quality product and attention to detail that truly sets the company apart from other stone veneer suppliers.

The company's stone products are marketed and sold through dealerships who present to architects, builders and designers throughout the market for both commercial and residential use.

DETAILED INFORMATION

Location

Minnesota

Inventory

Not Included in asking price

Real Estate

Owned

Building SF

49,000

Employees

Facilities

Manufacturing plant for the stone of 49,000 sq ft on 8.5 acres with the warehouse and excess for rental to 3rd parties for sale as well at $1,795,000. Complete tooling, mixers, molds/forms and equipment to complete veneer stone for shipment to dealers and job locations. Some of the excess space currently rented out to 3rd parties for additional income/investment return. Veneer stone molds/forms are very unique and high quality for their grooves, shapes, and natural look and design making them very proprietary.

Competition

Great opportunity to provide a very unique veneer stone application that is easy to install and a leader in the industry as to look, appearance and quality installation. Veneer stone molds/forms are very unique and high quality for their grooves, shapes, and natural look and design making them very proprietary. Multiple high quality dealers in the market that market/sell and promote the product in the field to architects, builders and designers.

Growth & Expansion

Excellent geographic location for manufacturing and service to the Midwest markets or could merge/consolidate with similar business in this plant. The synergy of a merger and/or strategic acquisition would work nicely as well. Company has 150-200 dealers with 7 independent representatives marketing the product and services.

Financing

Possible Contract for Deed or lease on the real estate/manufacturing plant.

Support & Training

Owner to support and train Buyer as needed to be discussed and negotiated but creative and flexible transition available to the right Buyer with creditworthiness and experience in the construction industry.

Reason for Selling

Owner is looking to retire and transition business to the Buyer we will locate a

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