Stone & Tile Cleaning and Protective Sealant Application

BUSINESS HIGHLIGHTS

This outstanding acquisition opportunity is for a leading stone restoration company that specializes in cleaning of stone, tile, and anti-etch application of protective sealants. In operation for over 5 years, the Company has developed a broad set of capabilities and has completed work on a variety of projects for both residential (80%) and commercial (20%) clients. In 2023, revenue came primarily from Anti-Etch services (70%) and Stone Restoration (30%).

INVESTMENT APPEAL

Superior Name and Reputation — The Company enjoys a long-standing reputation for quality services and superior customer support. A reflection of the its reputation within the region is its high rate of repeat customers.

Diversified Customer Base — No single customer accounted for more than 1% of revenue during the historical period. The diversified customer base helps ensure that the Company will not be significantly impacted by the loss of a single account.

Diamond Certified — Diamond Certified companies are renowned for their top-rated quality and helpful expertise, all guaranteed. The rigorous rating and certification process commence with the thorough evaluation of each company's customer satisfaction, licenses, and insurances, adhering to stringent pass/fail criteria. Continuous monitoring and ongoing customer satisfaction studies ensure that certified companies uphold the highest standards.

Strong Historical Sales Growth — Historical sales have grown from $622,000 in 2021 to $838,000 in the fiscal year ending December 31, 2023, representing a compound annual growth rate of 16.1%. Sales have grown consistently year over year in the historical period.