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Countertop Fabrication Business in Upstate NY

Off-Market

Marlboro, NY

Countertop Fabrication

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Revenue

$8,000,000

Earnings (SDE)

$1,200,000

Margin

15.0%

Year Established

2005

Listed

30+ Days

Customers

Individuals / Home Owners

Customer Acquisition

Partnerships with big box stores (i.e., Lowe's, Home Depot), showrooms, and direct sales from walk-in customers and builders.

Team

Has around 40 employees but is currently transitioning the installation team to 1099 contractors to allow them to work independently and earn more money. Has about 10 employees in manufacturing and fabrication and another 10 in the office, including account managers, bookkeepers, data entry, and scheduling.

Owner's Role

Supervising the team and working on business efficiencies, such as increasing profits and improving operations.

Reason for Selling

The owner is open to a partial sale or partnership with the right buyer who can help take the business to the next level. He's not looking to fully retire.

Contracts

Yes

Real Estate

Owns the building but has three other tenants, and the preference is not to sell the real estate.

When Are You Looking to Sell

3-6 months

Licenses Required

Yes, some county-level licenses.

Additional Notes

Business has been increasing every year, and they are currently not taking more partners on. This winter, they plan to restructure the company to become more efficient and increase margins. The manufacturing side of the business is highly automated, with only about 10 employees on one shift currently.

Business ID: 1355

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