Detail information about the listing

 

Forest Stone inc. is a local family owned business that was first established in 1978. It has been located in Greeley, CO for over 44 years. The business is well renowned within the local community and has had steady organic growth over the years. FSI was recently upgraded with new business assets such as a new website, new production equipment, new showroom and delivery options. The business is poised to continue expanding within the fast growing region of Northern Colorado. Little to no marketing and sales effort has been done to expand the business model due to the increase in “word of mouth” referrals we receive from our existing customers. With very little effort and dedication the business can gain additional market share and continue to grow and expand in the stone veneer and masonry supply space. This business is ideally a perfect setup for an owner operator and or an absentee owner with one manager in place. FSI is continuing to gain momentum as the place to purchase custom stone veneer in the region due to the product consistency, established reputation, custom color matching options and honest, friendly service that customers expect.

 

Stone veneer has become the standard in new building design and a staple in architectural textures. The business has been steadily growing even through the pandemic and with the housing demand in Colorado specifically, the outlook is very favorable for a new owner. The current ownership is looking to exit the business due to time and personal constraints. We are in no hurry to sell and can easily continue building the business. The 16,000 sqft building that FSI operates out of is owned by the same ownership as the business and can be included in the sale if wanted. If the new owner wants to continue to operate out of the existing space and not purchase the building, then a simplistic, long term lease agreement can be put together. This business and established customer base lends itself to carrying many more synergistic products to sell and manufacture in the current location. The future growth capabilities are endless with this production  sales direct to customer model. Serious buyers only, financials to be provided with a signed NDA  Non compete. Please don’t hesitate to ask questions.

Additional Details

  • State:CO
  • Asking Price:$575,000
  • Cash Flow:N/A
  • Established:1978
  • Support & Training:Owner Carry, Cash, Conventional loan, Managing Equity partner? Open discussions
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  • Reason For Leaving:New owner will be trained in the production, distribution and sales of the products we carry. The current ownership is willing to assist the new owner to ensure a successful transition. The time constraint driving current ownership to sell means they won't be able to be retained for day to day activities.
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