Seller Financing
Asking Price
$1,600,000
Gross Revenue
$1,445,309
Cash Flow
$334,301
Overview
Business
Description
OPPORTUNITY:
Since the early 2000s this business has been fabricating & installing hard-surface countertops and other products to residential & commercial clients throughout its market. Well known for its quality of product and customer service, this company is well established, with management, and continues to grow.
Huge cash flows have gotten even bigger in 2023, and show no signs of slowing down in 2024. Despite the upwards trajectory, there is ample room to grow the business. The construction and construction-related industries are thriving and projected to continue the upwards climb. This company outperforms many of its peers in growth and margins.
FINANCIALS:
2023 Gross Margin is over 63%.
3 Year Cash Flow Average = over $330,000.
3) Year Average Revenue = over $1.36 MILLION!
COMES WITH VALUABLE REAL ESTATE included in asking price.
ADDITIONAL OFF MARKET REAL ESTATE AVAILABLE FOR INTERESTED BUYERS. NOT INCLUDED IN ASKING PRICE.
ASKING PRICE
$1,600,000
Assets Include
Real Estate = $875,000 (included in Asking Price)
Equipment = $317,440 (included in Asking Price)
Inventory = $90,355 (included in Asking Price)
Growth Prospects
Currently the revenue split is 70% Residential & 30% Commercial. This year will be a little heavier on Commercial, which is the low hanging fruit where growth can be immediately realized. Currently the focus is solely on countertop design, fabrication & installation. Other services could be implemented as well.
Sale
Reason for Selling
The seller wishes to retire.
Training/Support
There is a layer of management in the form of an Operations Manager that runs the daily operations of the business. The seller's involvement is more high level, and he takes vacations. Seller will agree to transition the business to a buyer for a negotiated period of time post-closing. Management seeks to stay on.
Premises
Facilities
The business sits on 2.2 acres of real estate included in the sale. The facility is an 11,200 square foot building with an office, some storefront, and shop. Structure is a prefabricated steel building on a poured concrete slab foundation.
Location
Little Rock, AR
Contact The Seller
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