Mid-South Granite Company

Location: Mid-South, U.S.
Type: Manufacturing
Price: $3,800,000

This custom granite countertop company distributes imported and fabricated high quality stone products and also sells cabinets and home accessories in a highly desirable and fast growing mid-south market.   Its mission is to provide the best granite, marble & ceramic tile and stone which has led it to be the region’s leading installer of custom countertops.  Company is well entrenched and respected by the region’s leading custom builders but also is nationally recognized for outstanding stone countertop as evidenced by recently receiving the Pinnacle Award by the Marble Institute of America.  The company has also received a "Best Kitchens Award” by a regional Home Magazine and "Best of Home Award" by Stone Business Magazine.

Financial Information
Price
: $3,800,000
                                   2015            2016
Gross Income
:    $1,416,008      $1,376,762
Cash Flow:            $625,447       $643,045
EBITDAR:              $359,859        $351,209
Furniture, Fixtures & Equipment: Included in Asking Price
Inventory: $200,000 minimum included in price.  >$300,000 is purchase price adjustment
Real Estate: Included in Asking Price.  2015 Appraisal $2,900,000

General Information
Year Established
: 1991
Employees: 14 FT & PT
Facilities: Building square footage is 32,500.
                 6 acres with 25,000 sf showroom, office, workshop and
                 warehouse &
                 5 x 1500 sf commercial office tenants rent for $4,900/mo
Competition: Lowes, Home Depot, many small shops with no showrooms, etc.
Growth/Expansion: Demand is sufficient to grow >100% to previous levels
Financing: NA
Support/Training: Yes, negotiable
Reason for Selling: Retiring
Location: Mid-South, U.S. 

For more information, contact:

Stewart Nance or Bob Cantrell
Office: 479-521-8529  Cell: Stewart 870-688-7100
                                            Bob 479-841-4814
Email:  stewart@arkansasbusinessbrokers.com
           bob@arkansasbusinessbrokers.com