PROFILE   417-41041002

Location: CENTRAL FLORIDA

Manufacturing|Mfg-Marble Products

Sales Price: $2,650,000 Down Payment: $2,650,000
Executive Summary
12 YEAR OLD COMPANY SPECIALIZING IN THE SUPPLY AND INSTALL OF MARBLE AND GRANITE. QUALITY, SERVICE AND CUSTOMER RELATIONSHIPS HAVE RESULTED IN THIS COMPANY REMAINING PROFITABLE THROUGH THE WORST ECONOMIC YEAR SINCE 1929. THEY DEAL WITH COMMERCIAL ACCOUNTS AND HOMEOWNERS.OWNER HAS TAKEN THE QUIET PERIOD TO BUY A NEW MUCH LARGER BUILDING AND TO RENOVATE THE BUILDING MAKING IT A SHOWPLACE. PURCHASE OF A NEW COMPUTERIZED CNC GIVES IT CAPABILITIES THAT WILL INSURE STRONG MARKET SHARE WHEN ECONOMY REBOUNDS.
 
Business Synopsis
Business Format: S Corp Facilities: FREE STANDING  
Established in: 1998 Square Footage: 15248  
Years Owned: 12 Lease Expires:  
Employees: 6 FT, 1 Mgrs Monthly Rental Expense:  
Reason for Sale: OWNER'S FAMILY
Skills Required MANAGEMENT, CUSTOMER RELATIONS
Training Provided: 4 weeks
 
Asset Information (estimated fair market value)
Accounts Receivable  $75,000   Included
Inventory:  $10,000   Included
Leasehold Improvements:  $245,958   Included
Furniture, Fixtures & Equipment:  $261,500   Included
Real Estate:  $1,650,000   Included
Total Assets Included in Sale:  $2,242,458  

Operating History 2010   2009   2008  
  Financial Source Annualized P/L Statement P/L Statement
  Gross Sales $841,229 $801,635 $780,652
  Gross Profit $647,737 $565,883 $584,210
  Discretionary Earnings * $437,915 $331,735 $526,908
* Recasting provides an economic view of the Business, allowing meaningful comparison with other investment opportunities.
DISCLAIMER: All information contained in this document has been provided by the subject company or its shareholder(s), and while believed to be correct, has not been verified. Accordingly, we make no representations or warranties as to the accuracy or truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this information.
  COLLINS & COLLINS INVESTMENTS
801 BRICKELL AVENUE
MIAMI, FL  33131-2945
 

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