Growing and Profitable Granite Fabrication and Installation Company

Detail information about the listing

Well established and profitable granite fabrication and installation business, currently serving the Greater Tampa Bay area and able to serve the larger Central Florida market.

The company is an industry leader in its space with a loyal customer base & consistent repeat business from tier one builders and contractors. They offer high quality products and services, with the fast turnaround times and unmatched customer support, as shown by their customer reviews, long-term customer relationships, and consistent YOY growth.

The company generated 2021 revenue totaling  3.6 million. Top-line growth in 2018-2021 (CAGR of 14.03 percent) was driven by growth in both the new home build and high-end rehab sectors of the real estate market.

The company’s EBITDA increased over the same period with CAGR of 23.5 percent from  551k in 2018 to ~ 1.04mm in 2021, driven by an increase in revenue, increased efficiencies, and superior supply chain management. As a result, the Company’s EBITDA margin expanded to 29 percent in 2021 from 23 percent in 2018.

The Company forecasts continued top-line growth with expanding margins in the coming years.

—BUSINESS HIGHLIGHTS—

1. OUTSTANDING REPUTATION AND QUALITY PRODUCTS

The Company, founded in 2005, has nothing but glowing reviews, as customers share feedback publicly regarding their efficiency, quick turnaround, pricing, quality of products, and customer service.

2. STRONG, STABLE REVENUE & CASH FLOW

Revenues have grown from  2.4M in 2018 to  3.6M in 2021 ( 3.65M for 5 31 22 TTM), while EBITDA has grown from  551k in 2018 to  1.02M in 2021, and on track to hit  1.26M in 2022.

3. STRONG BUILDER & CONTRACTOR  RELATIONSHIPS THAT LEAD TO REPEAT BUSINESS

The company has built strong relationships with builders, contractors, cabinet shops, and manufacturer sales teams that lead to a high percent of sales coming from repeat business.

4. LOYAL EMPLOYEE-BASE

Most of the key employees have been with the company for many years, and the company is known for treating their employees well, which leads to strong retention and makes hiring new employees easier.

****PLEASE NOTE****

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