High-End Custom Marble & Granite Craft Shop & Wood Mantel Shop
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Description
Asking Price: $350,000 USD OBO, all offers considered
Gross Income: $829,766
Cash Flow: $172,243
FF&E $732,180
Inventory: $186,707
Year Established: 1984
Employees: 8FT, 2PT
Located in a relatively recession resistant City, with a high-end income target market of architects, interior designers, custom high end builders (approx40%permanent clients), wealthy homeowners (approx 60%), of the Washington D.C. Metro area (within 1/2hr drive of most of the affluent of the area.). Approx. 75% of business is either repeat clients or referrals due to unique, outstanding reputation, over 24yrs, for very high artistic workmanship and installation. Our craftsmen have done and are capable of doing palace level work (see angie’s list and consumers checkbook ratings for customer satisfaction.) Seller seeking buyer that will maintain high level of craft and service. See exclusive purchaser’s website (financials, photos, demographics, etc.) by calling for username and password, to owner at 1-240-252-8600.
Competition: UNIQUE ADVANTAGE – Also has fireplace wood mantel fabrication shop, wood mantel displays –which creates more reason for construction trade to use this company versus other marble and granite fabricators in residences that needs both products, and wood mantels naturally pull marble and granite surround and hearthpiece sales. Complete website for mantels in place. (www.adicorp.us,www.mantelsadi.com)
Facilities: Freestanding building with two excellent showrooms, a 4,000 sq.ft. outside yard, 3,000 sq.ft of showrooms, and 10,000 sq.ft of warehouse/shop area, for $8,500 monthly rent near a major affluent shopping area. Shop infrastructure and machinery can handle easily a tripling of volume. One van and three trucks included. Six unit, networked computer system, three offices, and reception area. 4 ½ yrs left on present lease option and negotiable for further extensions. Owner has been renting for 16 years with no problems and low rent for area.
Financing: all offers entertained.
Support/Training: Seller will train, also seller may stay on with new owner for an extended time with mutually agreeable terms.
Growth Expansion: Owner was not able to find a partner to split areas of responsibility, therefore company has never been directly marketed to its target markets. Hiring of an outside sales person, or a partner could give the business the ability to triple its volume easily due to its reputation and unique advantages(see “Competition”) Super website in place.
Reason for selling: owner slowing down, health and family issues.
H1 Visa Sponsorship: Owner willing to sponsor a foreign purchaser and/or family members.
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User: Anonymous
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