Natural Stone Countertop Fabrication & Installation (37958)

Seller Financing Available

From Western Iowa, the company specializes in fabricating and installing quartz and natural stone countertops for commercial and residential applications. The primary products and services include fabricating and installing quartz, granite, and quartzite countertops. Four buildings total approximately 25,000 square feet. Available for separate purchase, one building is owned by the corporation, while the second building is privately owned by the owner. The facility includes multiple showrooms, a fabrication shop, storage yard, and office space! The facility has state-of-the-art sophisticated tools and equipment such as: automated computer drawing hardware and software, fusion water jet saws, surface/edge polishing machines, along with hydraulic handling tables and lifts. The company currently employs eight personnel with industry experience but has the infrastructure investment in place to grow significantly with additional personnel. A new owner will benefit from a proven track record, supported by 33 years of ongoing business. With its broad range of products and services, the marketing efforts focus on targeting commercial and residential projects within a 250 plus mile radius of its location. Revenues have been increasing approximately 5% over the past three years due to a strong reputation and increase in projects. For fiscal year-end 2022, the total revenue was $1,903,341 with Seller’s Discretionary Earnings (SDE) of approximately $318,000. The company achieved $2,700,000 in total revenue (30% growth) for the fiscal year-end 2023, with 800k+ SDE! With a large customer base and solid reputation, they continue to attract new customers while maintaining their reputation with existing ones. The Owner will facilitate a smooth transition by remaining in his current role for up to six months. Some owner financing will be considered for qualified buyers.