Granite & Stone Countertop Manufacturing Facility For Sale

Business description

This state of the art turn-key facility was set up at a cost of over $3.6M. The facility has top of the line production equipment including multiple bridge saws, CNC equipment, Straight line profilers, water jet, 120hp compressor with air dryer, overhead cranes, conveyor tables, grinding booth, mobile a-frames, numerous fabrication tables, and digital templating equipment. No expense was spared when setting up the facility. The plant features a complete water recycling system with excess capacity for growth. The facility has space to allow for indoor storage, as well as a fenced yard for slab storage. In addition to the excellent facility, you will get a profitable business that is grossing over $1.2M and netting $200K even after absorbing all the excess overhead of the 50,000 sf facility. Experienced sales, manufacturing and administrative staff in place. On a 1-1/2 shift basis, this facility could generate over $14M in annual revenues.

This is a strategic opportunity for an out of state buyer to secure significant California capacity from which they could serve the West Coast market.

General Information:
Year Established: 2005

Employees: 9 full time and one part time with a monthly payroll of $23,200

Facility: 49,980 square feet at a total lease cost of $24,123/month, expires in November 2014, with renewal options.

Price Includes: Furniture, equipment and tenant improvements at a cost of $3,750,000. Inventory of $300,000 not included.

Support/Training: Seller will provide training.

Reason for Selling: Change of focus

Asking Price: Make Offer

Gross Revenues: $1,200,000

Seller s Discretionary Earnings: $200,000

Property information

Real Estate:

Lease

Premises details:

49980 sq ft, $24123.00

Other information

Financing available:

Downpayment Required: $0
Monthly Payroll: $23,200

Furniture / Fixtures value:

$3,750,000 (included in the asking price)