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Client Number:
MLF-660
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Region:
South Central
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Revenue:
$5,428,460
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FF&E:
Available w/NDA
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Real Estate:
* Available w/NDA
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Building Size Sq. Ft.:
Available w/NDA
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Financing Available:
Yes, partial to qualified buyers
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Adjusted EBITDA:
$2,062,100
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Asking Price:
Undisclosed
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*not Included In Purchase Price
Our client is an award-winning fabricator of a particular type of historic marble and limestone. They have exclusive access to this particular type of marble, thus enjoying a monopoly for a product that is nationally recognized in the architectural and historic restoration communities.
They are not a retail operation. Rather, they provide our nation’s elite developers and architects with stone that has graced some of the most well-known and iconic landmarks in our nation, including throughout Washington, D.C.
This historic stone comes in a variety of colors, each with a name that has been used for over 100 years, making for premium brand awareness. The fabrication plant is located at the site of one of the quarries. This vertical integration dramatically saves on shipping costs to complete fabrication.
The Company does not install product; so, once it leaves their plant, their involvement in the project is complete. This is not an operation that works on high volume and low margin. Rather, they supply stone for projects where only the best and finest will do. This is reflected in the Company’s gross margins.
With exclusive access to a nationally recognized and highly sought-after type of historic marble & limestone with quarry reserves of 100+ million tons, creates a monopoly and absolute barrier to entry.
