Chicago: Synthetic Precast Stone Manufacturer Thrives

Featured on BusinessForSale.com . 12 viewed

Asking Price

$2,550,000

FOR SALE - ACTIVE

Detailed Information

Location

Chicago,Illinois, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

This Chicago-based business specializes in crafting synthetic precast stones for masonry projects, with a significant focus on fulfilling municipal contracts. They offer tailored solutions such as creating molds and color-matching stones for historical restoration or unique architectural projects. Their clientele includes museums, commercial spaces, and upscale residential properties. Thanks to a stable client base and the opportunities presented by the US Infrastructure Bill, the business is poised for growth. With little competition in the vicinity, the business has a dedicated team of nearly 20 employees handling various roles from manufacturing to management. The current owner is involved minimally, dedicating around 20-25 hours per week. Priced at $2,550,000, the business presents a turnkey opportunity for a new owner. The seller is willing to provide training and finance part of the purchase price. With a solid reputation since 2010 and room for further expansion in their spacious warehouse, this niche business offers significant potential for growth with minimal additional investment required.

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