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Cast Stone & Veneer Stone Manufacturing Company For Sale
Location: United States -> Texas -> Dallas/Fort Worth -> Collin County
Industry: Manufacturing > Other Manufacturing




Business Summary

Established Architectural Cast Stone and Lightweight Manufactured Stone and Brick Veneer producer. National Customer Base. Owner retiring from the business.

Asking Price $700,000. Owner available for training and transition for up to 1 year.

Current facility has been sold. Opportunity to relocate to 2 optional facilities, 1 is a mile away and the other is in East Texas and under contract until August, 2018. Business requires a minimum of 50,000 sf to operate efficiently. Operations can be split into two buildings since the production processes are separated by product line. The East Texas property is for sale a less than $3.00 psf and is more than adequate. The local facility is only 2 miles away and is ready to move in. It is for lease only.

Assets include over 6000 molds and equipment valued at $4,200,000. Brand and Good Will valued at $2,100,000 due to repeat business and consistent referrals.

These products are used in Commercial, Residential, Municipal, State and Federal construction projects. Competition is lean due to the market demand. Especially in the veneer stone space.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $2,120,100
Cash Flow:   $361,618
Cash Flow Type:  EBITDA
Inventory:  $4,200,000
Seller Financing:  No

About The Business

Year Established:  1997
Number of Employees:  20 - 34
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Owner available for training and transition
Reason For Selling:  Retiring




Print Listing Id: 700320773
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