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Business for Sale Summary

Granite Fabrication Business for Sale in Orange Co - 27676

Business Type: absentee business,business with property available,construction building,construction special trades,mfg businesses,mining,misc. construction/non-classifiable,misc. manufacturing/non-classifiable,misc. servicel/non-classifiable,misc. wholesale/distribution/non-classifiable,must sell/drastic price reduction!,non-classifiable establishments,other business services,other personal services,seller financing available,wholesale/dist businesses,bldg materials/hardware/garden
Owner Financing
Granite Fabrication Business for Sale in Orange Co
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Financial Information (non-confidential)

General Information
Asking Price $485,000 Down Payment $485,000
Gross Revenues $1,398,415 Lease Remaining Register Free to View
Owner’s Cash Flow $193,970 Number of FT Employees Register Free to View

Financing

$485,000 Down and Negotiable. Property available for an additional $2.215 mil.

Business Description

Granite import, fabrication, installation, kitchen design and sales business. *Price Reduced* Run absentee. Established 17 years with the current owner, they are the most reputable granite fabricator and installer in NY State. They import granite slabs directly from quarries in India and Brazil. They are also a distributor of 8 lines of cabinets, both imported and made in the USA. The current owner travels a great deal, with other business interests, and has a full management team in place. This is an absentee-ownership situation right now. In the past year, gross sales were approx. $1,398,415.00 with a net income of approx. $193,970.00. Sales have trended downwards due to the owner's lack of oversight. We are seeking a financially-qualified buyer with at least $700k in liquid funds to cover the asking price and inventory (negotiable). Proof of funds will be required to meet with the owner. Two-acre property with 8,000 sq. ft. building, available for an additional $2.215 million. The seller will over a long term lease for $15K/mth, triple-net or a lease with a option to buy the property as well. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be made by appointment only..

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.