Business Summary:
This dynamic 30-year old company is the flagship within its marketplace. Superior custom design, craftsmanship, and project management have established the company’s name and reputation as one of the best home, kitchen, and bath product and service providers in its western U.S. market. Offering a full range of solid surface, granite, engineered stone, wood, and other countertop products to consumers through multiple location retail outlets has enabled the company to grow from $4.8 million to $17 million in 6 years. Due to its residential re-model target market, the company continues profitable operations into 2008, while many competitors serving new construction are being badly buffeted by the current real estate construction climate.
All fabrication is accomplished in-house at each of three locations. The primary plant is over 30,000 sq. ft., and the other two are smaller as they serve smaller markets. A recent substantial investment in highly automated fabrication equipment has greatly enhanced operational efficiency, cost controls, and final product quality. The company employs its own installation teams, which provides other competitive advantages in terms of quality control and installation lead-times among the best in the industry.
The company has first rate professional management at the CEO and Vice-president positions, supported by high quality, experienced general and project managers, all facilitated by talented back-office teammates. Training is provided by the company on a consistent basis, and employees are fortified by excellent policies and procedures manuals. The professional level at which this company performs allows it to out-distance most of its competitors when it comes to product quality, production efficiency, and customer service.
This company represents an excellent opportunity to gain entry into a highly fragmented industry through acquisition which will serve as the footprint for further growth through acquisition. Three locations are already under belt, and the CEO is committed to remaining with the company post-acquisition.
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