Description of the business for sale
The company is a 50+ year old family run business that quarries and manufactures granite. It is headquartered in an area of the Southeast United States that is known as the “Granite Capital of the World”. Geologists estimate that the company’s quarry is well over 1 mile thick (versus the 150 feet that has been quarried to date). The company quarries a granite that is recognized industry-wide as one of the area’s premier materials - which it then manufactures into products in its own nearby manufacturing plant. The company manufactures Monuments & Markers, Curbing for the Construction Industry (Bridges, Roads), etc. – and its products are in use nationwide (Yellowstone National Park, the Blue Ridge Parkway, Arlington National Cemetery, etc). The sale of the business includes 75 Acres of land, a granite quarry, a large production plant, an office building, and all the big equipment everyone in the industry would like to have. Essentially, the company has the property, quarry, right granite, plant, and equipment - yet its facilities are under-utilized. The business is also under-marketed yet it has significant opportunity for growth as company sales over the past few years have ranged from $1 - $1.5 Million annually whereas the value of granite products shipped from in and around the marketing area of the business total $174 Million annually. A strategic marketing / sales plan developed & implemented by a new owner could significantly increase the company’s business – which the
Description of the facilities
Furniture, fixtures, equipment, quarry, inventory = $12 Million+.