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Fabricated Synthetic Stone for Outdoor Walls – No Installation

Precast Stone for Masonries - Recession Resistant with 75% Municipal Work!

CASH FLOW
$511,011

Specifications

  • Price
    $2,550,000

  • Profit Margin
    32%

  • Equipment
    $1,800,000

  • Revenue
    $2,150,560

  • Cash Flow
    $511,011

  • Employees
    19: 1 production manager, 1 plant manager, 1 supply manager/job scheduler, 1 drafter, 1 sales rep, 2 mold shop workers, and 12 plant production laborers

  • Location
    Chicago, IL

  • Account Receivable
    $384,868

  • Service Area
    Chicagoland area, primarily in the NW suburbs of Chicago, they do some work throughout the Midwest.

This business handles the fabrication of synthetic, precast stone for masonries and 75% of their work is done for municipal contracts. This operation only handles the manufacturing and fabrication of the cast stone, the do not handle any installation of the products in exterior walls. The services offered include creating a mold and color matching stones for historical buildings that need stones which are no longer available or for eye-catching statement pieces in new locations. Clients that take advantage of these fully customizable stones primarily include museums, commercial locations, and high-end multifamily housing units. Due to this extremely stable client base, there will not be any impact on this business should there be a recession. In fact, due to the newly passed US Infrastructure Bill, this business can expect organic growth opportunities in the upcoming year. To add to the stability of this business, they currently have a 90% repeat client base made up of B2B work with the masons being the direct client, not the end user.

This Chicago based establishment offers a niche service and, because of this, their nearest competition is 30 miles away. This organization has nearly 20 employees with experts in management including a production manager, plant manager, supply manager; along with 1 drafter, 1 sales rep, 2 mold shop and 12 plant production workers. This team allows the current owner to only work 20-25 hours handling bookkeeping and some deliveries out of personal preference.

Priced at $2,550,000 this business is ready for a new owner to step in and continue operating on the foundation laid before them. The seller has offered a training period of 1-2 years to ensure a smooth transition of ownership as well as to finance 20% of the purchase price as a show of good faith. With an excellent staff, reputation that’s been established since 2010, and large warehouse with a significant amount of unused space, this niche business is primed to offer a new and excited owner exponential growth opportunity with minimal additional investments needed.

Purchase Price:

$2,550,000

$
%
OR
$
%
OR
$
Years
%

Bank Loan Needed: $-1,912,500

Years
%
$
$
$
$
$

Funding Details

Business: Volano Solutions

Offer Price: $2,550,000

12.5% Buyer Cash Down at Closing: $318,750

12.5% Seller Carry Back via Promissory Note: $318,750

year term at a rate of %

25% of Purchase Price secured by Buyer and Seller

Total Bank Loan Need: $-1,912,500

75% of Purchase Price

Desired Loan Type: Conventional

Desired Bank Terms: year term at a rate of %

Total Business Assets, Inventory, and A/R: $2,184,868

Total Overcollateralized Loan: $-272,368

Loan Payments

Monthly Payment to Bank: $NaN
Yearly Payment to Bank: $NaN
Monthly Payment to Seller: $NaN
Yearly Payment to Seller: $NaN
Total Monthly Debt Service: $NaN
Total Yearly Debt Service: $NaN

Conclusions

Fixed Charge Coverage Ratio

The bank will require a minimum ratio of 1.5 to be lendable.

Cash Flow:
4 yr. Avg. Cash Flow
$511,011
Annual Debt Service: $NaN
RATIO: NaN

Buyer's Net Operating Income (NOI)

The amount of money the Buyer will retain as profit.

Cash Flow:
4 yr. Avg. Cash Flow
$511,011
Annual Debt Service: -$NaN
NOI: -$NaN

Buyer's Return on Investment (ROI)

The rate of return on the Buyer's down payment.

Down Payment: $318,750
NOI: -$NaN
ROI: NaN%

Attachments

Document Title / Description
Summary Sheet
summary
Cash Flow Analysis

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210 N 78th St. 2nd Floor
Omaha, NE 68114

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f 402.939.0857

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The Firm makes no warranties or representation in consideration to the information provided above. All communication regarding this business must occur directly with The Firm Advisors, LLC. The Firm is not a real estate brokerage and does not sell real estate. The Firm solely advises on exit strategy.