Hawaii Stone Fabrication & Installation
The owners started in business in Hawaii in 1977 and after 40 years it is time to retire.
They are custom fabricators and installers of stone (marble and granite) counter tops, table tops, fireplace surrounds, stair treads, thresholds and custom sinks. They are also a supplier of a wide variety of floor tiles, wall tiles and mosaics in different sizes, colors, textures, and patterns. They maintain a large inventory of stone slabs and other products ($500,000 of Inventory included in price).
They are one of the longest tenured and most well-regarded stone fabricators and installers in the market, a preferred vendor and they estimate their market share is about 35%.
They own their real estate which consists of a 13,201 sq. ft. lot including a two story 4,706 sq. ft. building for a showroom, offices and storage, an adjacent 5,500 square foot covered outdoor fabrication area and a 5,700 sq. ft. outdoor slab storage and parking area. The business is being offered fully turn-key.
They are offering to sell the business, and to either: (1) sell the real estate, or (2) provide a long-term real estate lease to the business buyer.
Long term tenure and most recognized and preferred fabricator in the market.
Excellent location – easy for customers to visit and buy.
Offered fully turnkey with all fabrication equipment
Live and work in Hawaii and earn enough money to enjoy it.
Long tenure full trained employees.
Premium line of suppliers of quality materials.
Build equity with purchase of the real estate
Live and work in Hawaii
2016 (tax return data)
Asking Price: $1,400,000
Included Inventory: $500,000
Tangible Assets: $117,250
Non-Compete: 5 years
Training: 2 weeks; 30 hrs./wk.
Sale Reason: Retirement
REAL ESTATE/LEASE DETAILS
Either purchase of real estate at $1.8 million, or enter long term real estate lease; monthly Rent: $8,500 plus GET + CAM
Sq. Ft.: 13,201 sq. ft. includes 4,706 showroom and offices, 5,500 covered fabrication area and 5,700 storage and parking
Is now the time to own a great profitable business in Hawaii and to build real estate equity?
For a detailed Confidential Business Profile, please compete, sign and return this NDA: