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Southern California

  • Listing No.: 106-15329

  • Category: Distribution, Manufacturing

Asking Price $675,000
Down Payment $675,000
Gross Revenue $1,501,082
Total Adjusted Net Income $271,212
Equipment/Fixtures $220,000
Year Established 1993
General Location Southern California
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This profitable company with long term loyal employees, manufactures, imports and distributes natural stone. They have built strong relationships with national accounts and retail stores across the USA and Canada and locally they work specific projects with architects and designers. They are highly respected in the industry as they are targeting the affluent residential and high end commercial markets. Through innovative ideas and technology, they are known for unique designs in rare and unusual stone varieties including some not available to others in this industry. They are a green company marketing a natural product where nothing is wasted, and all is recyclable. Now, after 25 years, the owner is ready to retire but will stay on, for a period to be negotiated. Inventory of $850,000 is also available for purchase. No inventory is in the listing price and amounts to purchase are negotiable.

Gross Revenue $1,501,082 Listed Price $675,000
Total Income $271,212 Down Payment $675,000
Base Rent $9,653 Square Feet 13185
Total Rent $9,698 Lease Expiration 7/2020
Rent Deposit $19,886 Lease Options Two 2 yr and 5 yr
Inventory Not Included Leasehold Improvements $10,000
Equipment/ Fixtures $220,000 Other Assets
Full-Time Employees 5 Training Period 2 weeks
Part-Time Employees 0 Special License Required
Contract Staff 0 Reason for Selling Retirement

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.