MergerPlace

Custom Countertop Manufacturer

Wisconsin


  • Asking Price: $1,075,000
  • Gross Income: $511,421
  • Cash Flow: $180,163
  • Real Estate: $700,000
  • Inventory: Not Disclosed
  • FF&E: $108,295
  • Listing ID: #226541
  • Established: 1986
  • Employees: 4 FT

Business Description

Custom made countertop/shower enclosures/and other fabricated products for kitchens, baths, and laundry rooms. Company has been in business for 35+ Years and has a huge stable of customers. Most of the work is done electronically with customers sending in requests for products via email or the company website. They sell and deliver product to half of Wisconsin. They work with residential builders and remodelers as well as commercial contractors. This business has been largely unscathed by ups and downs in the economy because of their diverse customer base and the diverse products they offer. They are currently are booked out about 3-4 months.


Business Details

Primary Business Category: Manufacturing - Furniture, Fixtures & Related Products
Location: Wisconsin

Company Information

Year Established: 1986
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4 FT

Financial Information

Asking Price: $1,075,000
Gross Revenue: $511,421
Cash Flow: $180,163
FF&E: $108,295
Real Estate: $700,000
Seller Financing Available: No

Property Information

Facilities:

10,000 sq ft facility that houses offices, manufacturing, warehousing, and a showroom.

Growth & expansion opportunities:

The owner has been in cruise control for over 5 years now. The owner does not seek out new builders, remodelers, and commercial contractors. With an aggressive sales and marketing program, a new owner could double sales in a year.

Competition:

Other countertop wholesalers (granite, manufactured, laminate) and some cabinet makers.

Reason for selling:

Retirement and other business interests.

Support & Training:

Will train for 6 weeks @ $0 cost. They make custom products for kitchens, bathrooms, and laundry rooms. They sell to both residential and commercial clients. They also install the products. There are 4 employees that work 30-40hrs/week depending on the time of year.

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Business Listed By:

Patrick McAdams

Murphy Business Brokers