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Marble and Stone Fabricator for Sale in Jacksonville FL.

Reference #: 4111723112
Location: Jacksonville FL.
Price: $200,000
Amount Down: $200,000
Revenues: $1,193,994
Discretionary Earnings: $190,088
Total Assets: $125,000
Business Description:

One of Jacksonville's preeminent Marble and Stone Fabricators. Extensive Equipment includes a Calypso Hammerhead cutting/Forming machine bought new in 2004 for $146,040. , a $40,000 automatic bridge saw ,a $31,000 polishing macine and much more! Business grossed well over $1M in 2007 and nearly that in 2006  with owner benefit of $190,088 and $183,606 respectively. The economic decline in 2008 reduced sales by nearly half but the business still made a small profit. In late 2008 and early 2009 the owner reduced overhead and expenses and  sales have actually started to grow again.The result is a first quarter profit of $65,000 and the backlog is good.


The owner is willing to remain as an employee for an extended period to ensure a smooth transition. 


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The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business.