When You Buy a Glorified Job, Not a Business

So it was the case that the owner owned the manufacturing facility and the land as opposed to renting it. So this broker's kind of like in with me was, you know, hey, he owns the real estate, so like bare minimum, want to come look at the building? And I'm like, okay. Like there's no reason not to, right?

They need to give me the whole pitch. Like he's motivated, you know, all this stuff. So he was smart, he got me there.

You're going to lap every square inch of the building and tell me honestly if you think it's like, you know, rentable in any way, shape or form. Because that's the only thing that, you know, I'm interested in knowing. Right. Does it have any value?

What is the business? Tato, when you say manufacturing, give us more details, give us a picture.

So we man make stone. We man make stone for countertops and showers. When it comes to bathroom products, the least expensive thing you can buy is a plastic laminate.

And then a price comparable, yet major upgrade in quality from that is what's called cultured marble or molded marble. The word cultured just means man made, but everything is made in molds, hence the name. So we manufacture bathroom vanity tops and showers for remodelers and spec builders.

So all of the entry level, semi custom and spec homes built in our area use our products in their bathrooms. It's a significant price downgrade from like a quartz, which is a premium product, but like I said, it's an actual stone product. And so it's an upgrade from that plastic laminate that you see in old school houses.

And it's, it's molded. So it, yeah, so that, that all that means though is that it's basically ready to plop onto the vanity.

What that means is. Yeah, yeah. So this, the cultured marble is a resin based product. So resin is used all over everything you use in life, plastics, etc. You mix a polyester resin with crushed natural marble that's pulled out of Mines in places like Georgia, Texas, etc.

You mix it with a little bit of a color pigment and a catalyst, which is just a chemical hardener, makes it harden quickly over time. And it's literally mixed like a cake. Like, it looks like a giant bakery operation, I guess, if you will, in a simplistic sense.

It's mixed, it's poured into a mold. It's actually hand spatula ed veined. Like, the color is kind of veined on there.