Custom Hard Surface Countertop Provider & Fabricator

The Company fabricates and installs stone and hard surface countertops for single- & multi-family homes, high-rises, restaurants, bars, and hotels. Stone care products, sinks, and faucets are offered at the Company’s retail location. The Company typically works with national home builders who construct hundreds to thousands of homes each year.

Key Aspects

• Revenue and gross profit grew at compound annual growth rates of 25.9% and 16.8% respectively, from 2020 to 2023

• Revenue grew 5.4% from 2022 to 2023

• The Company has multiple affiliations with national home builders, prompting the expansion of out-state projects to service these clients

• Approximately 35% of 2023 revenue came from out-of-state projects

• The Company opened a second fabrication facility in 2021

• In 2021, the Company added countertop care products and chemicals to the product line up

• As of January 2024, estimated revenue for work under signed contract is $43.6M

Opportunities

• Increase market share in the regions currently served

• Reduce the cost of outside services by employing more in-house installation personnel

• Establish an additional facility in regions with growing market share and high customer concentration

• Develop a marketing plan to drive showroom traffic and out-of-state projects

Headquartered

• Southeast United States

Current Markets

• The Company primarily serves residential and commercial builders in the Southeast and Mid-Atlantic US

• Out-of-state projects have increased as demand for the Company's products and services grows

Real Estate

• The Company operates from an 11,800 sq. ft. facility owned by the Company and that is not included in the sale

• Ownership is willing to consider entering into a long-term lease for the property

• A 12,000 sq. ft. facility is leased from an unrelated third party in a separate location