Marble, Stone and Granite Fabricator
Asking: $359,000 Gross Revenue: $600,000
Inventory: $5000 FF&E: $425,000
This long-term company serves the Coachella Valley and beyond with classic workmanship from quarry to finished art for the discriminating client. Skilled craftsmen provide custom granite kitchens, showers, fireplaces, barbecues, furniture and more.Using the water jet cutting state of the art cad systems and bullnosing machine, they draw, scan or design an idea or project which cn be cut to exact specs without distortion. From soft woods to carbide steel to 6 in. solid steel, edges are left virtually smooth. New buyer could also expand into tile and stone installation if desired. Very lucrative business with average net cash flow in the 30% of annual revenue range. With 20 years of goodwill, this company has many repeat customers, designers, contractors, home owners, architects and engineers calling for bids. Buyer will need a C-54 license or MRE from current owner who could stay as a consultant. Owner is willing to carry finance for qualified buyer. Potential is great and business is starting to increase to levels prior the the recession.
Year Established:1991
Employees:3 full time
Facilities:Leased building has over 3,000SF and more than 10,000 total including the yard. Monthly rent is only $2200/month
Market Outlook and Competition:There will always be wealthy people attracted to this Palm Desert oasis and they look for the finest quality workmanship.
Management Training and Support:Owner will train as needed and support new buyer for a smooth transition
Reason For Selling:Seller wants to pursue other ventures
Seller Financing:Yes, seller financing is available
Contact: John Sullivan, Broker.