Commercial and Residential Luxury Stonework Company

Southeast US
Construction
Client Code: BN000028885
Revenue (Internal): $1,743,000
EBITDA (Internal): $448,981

The company is a well-established stonework company servicing commercial and residential projects, offering high-end materials such as granite, marble, quartz, quartzite, and soapstone. These materials are used for countertops, back splashes, bathroom vanities, fireplaces, floors, and more. The company also offers cabinetry sales and installation services.

Key Aspects

• Approximately 24% YoY increase in revenue in 2020

• Adjusted EBITDA margins of approximately 26% in 2020

• Strong relationships with commercial accounts provide high contract values

• An increasing number of developers have recently been turning to the company to provide high-quality work for new construction projects

• The company's products and service offerings are growing in demand as industry demand grows

• Repeat business accounts for approximately 75% of revenue

• State-of-the-art machinery including laser precision CAD systems and 5-axis CNC machines

• Over $1 million in project backlog

• Recently re-designed website features innovative tools that enhance the customer experience

Opportunities

• Buyers can expand sales efforts to develop new accounts and further expand current accounts in a high-growth region

• Expand to surrounding geographic regions to increase brand presence and customer base

• Development of a formal business and marketing plan would provide a focused strategy for rapid growth and scalable operations

• Purchase additional machinery to increase operational capacity

• Synergistic opportunities exist for real estate development and construction companies

• Hire in-house payroll staff to reduce operating expenses

Headquartered

Southeast US

Current Markets

• The company provides services to new construction projects as well as renovations for existing properties, both commercial and residential, in a Southeast metropolitan area

Real Estate

• The company operates from a 21,000 sq. ft. facility leased from an unrelated third party. The facility is operating at approximately 80% capacity, so there is room for expansion.