Architectural Cast Stone Manufacturer
Location United States
Asking Price Range $5.0M - $10.0M
Gross Revenues $5492288
Net Profit / Cash Flow $1711772
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1991
Number of Employees 35 - 49
Inventory 900000
Relocatable No
Number of Employees 35 - 49
Real Estate Owned
Training Available.
Reason for Sale Health concerns.
Description The company manufacturers and installs cast stone for luxury residential homes and commercial buildings. Business is booming. No effect from the general housing market, as their multi-millionaire customers tend to be ''financially insulated'' from economic downturns. Very safe, recession-resistant business. Revenue is up about 14% in 2007. Cash flow is up about 30%. The financials are audited and on a cash basis. The business does no marketing. Approx. 80% of business comes from repeat customers (builders and architects), with the remaining 20% as customer referrals. The company rarely deals directly with the homeowner. Bad debt is $0. Excellent cash flow, as all projects require a 30% deposit up front, and are billed monthly for the remainder. Excellent workforce with low turnover. Solid business all around. Contact for more information on this Architectural Cast Stone Manufacturing business for sale.
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