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Granite and Stone Countertop Mfg. Installation Co. for sale in Litchfield, Connecticut
Granite and Stone Countertop Mfg. Installation Co.
Litchfield |
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This business is growing and highly profitable, 2011 sales increased almost 50% over 2010!! The Granite business sells stone for all types of uses and installs custom countertops for Kitchens and baths. Most stone is imported from Brazil with high profit margins. The business services home owners and contractors. large showroom with samples and finished counters for buyers to select from. It is in a prime location of Litchfield county with great visibility from the main road. |
Listing Number: 912
Ken Ernhout - Listing Broker
36 Old Farms Rd, Litchfield, CT 06759
Telephone - (860) 361-6398
E-mail -
kernhout@capitalbbw.com
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| Category |
MANUFACTURING BUSINESSES |
| Sub-Category |
Stone, Clay, Glass, Concrete |
| Asking Price |
$375,000 |
| Gross Sales |
$508,000 |
| Cash Flow |
$170,000 |
| FFE |
$238,000 |
| Inventory |
$200,000 (Inventory NOT Included) |
| Real Estate |
$0 (Real Estate NOT Included) |
| Employees |
4 - Full-Time
3 - Part-Time |
| Facilities |
The building is on a 1 acre fenced lot, with town approval to sell Aggregates, processed stone and block. The building is 4000+ sq ft. with a 1400 sq ft showroom area 3 offices, 2500 sq foot of work area, Bonus 1200 sq ft unfinished 2nd level. The entire facility is covered with a surveillance system with remote links to owners home.
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| Relocatable? |
(Is Not Relocatable) |
| Home Based? |
(Is Not Home Based) |
| Market Notes |
It is in a prime location of Litchfield county with great visibility from the main road. It services Litchfield and Fairfield county areas. Which offer a very densely populated market. With the new home construction slow down there are still plenty of home owners looking to upgrade their current residences rather than move. While there has been a reduction in sales during the recession the business still remains profitable and new ideas will offer new revenue streams.
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| Growth Notes |
The business has a great location. Current owner has many ideas to dress up the entrance and advertise with the high traffic flow the main roadas well as the next door traffic flow of the parking lot. Owner has ideas of bringing in imported stone art work and precious stones for jewelry. There is a lot un-used space on the 2nd floor of the building this could be used as a show room or area to sell new product line. Owner just started cutting stone to be installed on exterior of homes |
| Support Training |
Owner will stay for an agreed upon time |
| Year Established |
2006 |
| Financing Terms |
Owner may finance for qualified buyers |
| Reason for Selling |
Owner wished to pursue other interests |
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