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Available for acquisition is a Marble/Stone/Quartz Fabrication & Installation Company providing natural and engineered stone countertops and related products. The Company has been operating under the original ownership for over 30 years and has maintained a superior name and reputation for its focus on inspired design, exquisite materials, and highly skilled craftsmanship. The Company does fabrication and custom work for builders, general contractors, retail stores, and interior designers. The average contractual project generates between $150,000 and $350,000 in revenue; however, projects can reach up to a high of $2,000,000, depending upon the materials used, work being completed, and duration of the job
The company utilizes a long-standing network of suppliers, ensuring future access to critical materials required for production. The company’s modern facility, top of the line equipment, and skilled professionals have enabled it to fabricate and install more than 25,000 jobs at family residence, hotels, condos, townhouses, and apartment buildings across Southern California. There is an experienced team of skilled and loyal employees that possess in-depth industry experience and extensive expertise. Over its history, the Company has developed a strong asset base of production equipment and vehicles; allowing multiple projects to be simultaneously underway, and reliably and quickly get finished.
Income & Adjusted EBITDA/SDE: The Sellers Discretionary Earnings (SDE) for 2020 were $518,159 and Adjusted EBITDA $334,213. The sales only declined in 2020 by 5.5% from 2019. The net profit was reduced due to the fact that labor was higher since the seller did not lay off any employees during 2020. Sales in 2021 from January-July were $2,433,808 compared to $2,059,375 from the same period in 2020. The SDE form January-July 2021 was $416,019 and adjusted EBITDA $335,032
Investment: The “asking price” for the business is $2,275,000. Interested parties will be required to sign the NDA and provide a description of the source of funds available for acquisition. The business has been pre-approved by the SBA and Buyers will need to qualify based on financial strength, credit, and business experience in a related industry.
Strategic/Synergistic Growth Opportunities: The owner has a California C-54 for ceramic tile installation. A new buyer would have to secure a new license or RMO. The Company offers an extensive customer base for a Strategic or Synergistic Company seeking an acquisition platform or to a buyer seeking growth, perhaps by consolidating other related businesses.
Located in Orange County, California
The Company operates from a 13,000 sq ft custom fabrication facility in Orange County and features egress from the main thoroughfare as well as convenient access to the major freeways. Rent is $12,000 per month. The facility is fully equipped and is one of the real strengths of the company and to try and replicate the shop would be a high barrier to entry.
The growth and success have been and will continue to be driven by the Company’s outstanding reputation and quality of work. The need for a well-conceived sales and marketing program will be integral to take the Company to the next level. Management acknowledges marketing is an area that can be further refined in order to more effectively leverage the Company’s superior name in the marketplace and proven capabilities.
The current shareholders are willing to offer comprehensive training and remain with the Company for a short period to ensure a smooth transfer of ownership.
The business is SBA approved with 10% down. Buyers must qualify and have previous related experience
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