Business Summary
This stone supply business on the Peninsula sells all types of stone surfaces used for floors, counter tops, bathroom surfaces, hotel lobbies, bank counters etc. The business also sells bathroom and kitchen fixtures so it is a one-stop shop for builders, contractors, architects, designers, business and home owners. It also does installations. The business has been established for 15 years and has an excellent reputation. The business has a large, highly decorated showroom, a vast array of samples, a large warehouse, equipment used in cutting and shaping the stone, several newer-model trucks and $200K of inventory. The owner is willing to assist the new owner and stay up to five years as a consultant if the new owner needs time to obtain the contractor’s license. This is an asset sale. No financial statements will be provided. The sales declined in past two years due to the owner’s health problems and a partnership dissolution. It’s a turnkey opportunity for a more energetic new owner to get into this type of business at a low cost and bring the sales back. Owner financing is available for a qualified buyer. Ref #8101.
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