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Fabrication and Installation of Solid Stone Surfaces

Location: Pennsylvania

ID: (#200724)

200724
Price:Contact Broker
Revenue:$25,000,000
Cash Flow:$5,000,000
FF&E (Assets):$5,000,000
Inventory:$5,000,000
Real Estate:$0

Overview

One of the largest fabricators and installers of solid surface counter tops in the United States. Customers include, Home Depot, Lowes, Ikea, Homebuilders, Contractors and Retail Consumers.

The company is projecting $25 M sales and $5 M net profit in 2021 and $33 M sales and $7.5 M net profit in 2022. Growth has been driven by multi-million dollar investments in infrastructure, technology, systems, processes and customer service. Manufacturing capacity has limited the company's ability to scale even faster; however additional manufacturing capacity will be coming online in 2H 2022. This will allow the company to maintain over 20% annual growth during the next five years.

A seasoned management team with deep industry experience has led the company's growth and is willing to remain under new ownership.

Details

Reason for Selling:

Divestiture

Established:

2016

Employees:

Over 100

Broker Contact Information

  • Mahen Gundecha
  • Pennsylvania - Philadelphia
  • (484) 354-4274 Mobile
  • Appointment Only:
  • Pennsylvania - Philadelphia
  • By Appointment Only
  • One Liberty Place | 1650 Market Street, 36th Floor, 19103
  • Philadelphia, Pennsylvania 19106
  • Real Estate Broker: