6012-12973 Profitable Natural Stone Countertop Sales/Service Company

Undisclosed Address, Texas
Business Opportunity for Sale
Catylist Listing ID: 30051753
Property Subtypes: Building and Construction Services
Building Size (RSF): See Agent
Sale Price: $240,000
Year Business Established: 2010
Gross Revenue: $707,553 (Annual)
Cash Flow: $130,551 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Relocatable Business: Yes
Home Based: Yes
Last Updated: 8/1/2017

Overview / Comments

This low-overhead business includes an easy to use, proprietary sales program that produces detailed quotes, on-site, from customer input. The business is focused on sales and project management for custom kitchen and bath remodels. They sell natural stone countertops, floor and wall tiling/backsplash. The husband and wife team are the only employees. Other sales staff are part-time, commission-only personnel. Fabrication and installations are completed by subcontractors.

Additional Details

Industry Segment: Other Services
Reason for Selling: Owner wants to semi-retire and prefers staying with the business as a commissioned salesman.
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Value of Real Estate Included ($): $0
Real Estate Lease Description: The current sales model is home-based. All sales presentations are made in the customer's home. A new owner may continue with their own home-based model, then grow into a small office or add other home-based office staff. Subcontractor fabrication facilities custom cut slabs, create templates and install countertops, flooring etc.
Employee/Labor Description: 2 FT. Monday-Friday 8am-5pm.
Mgmt/Training Support Description: Will train for 2 weeks @ no cost. The business primarily sells and installs custom kitchen countertops made from granite, marble and quartz. The company also sells and installs floor and wall tiling for kitchen and bath directly to homeowners. The prospective buyer should have demonstrated success in sales, project management and residential remodeling. Knowledge of natural stone materials and tile would also be helpful.
Competition/Market Description: Competition in the residential remodeling industry of the market area is robust. This business sets itself apart with a personal approach to sales, strong customer service and a niche space. They work directly with homeowners and not home interior designers. Detailed plans and comprehensive quotes are developed in a real-time collaboration with the homeowner.
Growth/Expansion Opportunities: This business is scalable and could be grown under its existing model by adding salesmen and office personnel. Additionally, it could be grown under a new model by adding sales to custom home-builders.
Seller Financing Description: Lender pre-screened w/ $60,000 down. Interest rate estimated and subject to buyer qualifications.

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,583 3,043
Median Age: 44.09 40.43
Households: 670 1,228

Contact

Photograph of Listing Agent

Chuck Green

Murphy Commercial Realty
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