20+ Year Countertop Fabrication Company - $193,000 Cash Flow
Location: Greater Cincinnati / SW OhioListing Number: 2314
Financial Information
Asking Price: $528,000Gross Revenues: $672,000
Cash Flow: $193,000
Real Estate: Available to purchase
Business Description
The retirement aged and original owner of this company has created a wonderful business that enjoys long – term relationships with residential, commercial, and industrial customers across the United States. With a young staff having over 50 years of service with this company, the owner has established a great culture and environment for both employees and customers. Over $375,000 of equipment is included in the asking price which is in excellent condition. Sales are somewhat deceiving as a considerable number of clients provide their own countertops and the company provides labor only. The company uses industry software which provides customer lists, a calendar view, job views, estimating, and material ordering among many other features.
The business is offered as an asset purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Other highlights include:
Modern facility
SBA loan eligible
Broad customer base
Long term client relationships
No accounts receivable issues
Real estate is available to purchase
Much potential for growth – no advertising done
Clean books and records – all numbers are verifiable