We are thrilled to announce the launch of Remnants Direct, an innovative e-commerce platform dedicated to the buying and selling of high-quality remnants. Remnants Direct will serve as a central hub for businesses and individuals looking to purchase surplus or leftover materials by connecting sellers with excess inventory to buyers in need of specific materials, Remnants Direct promotes sustainable resource use, reduces waste, and makes it easier for customers to access premium products in smaller quantities.Through our easy-to-navigate platform, buyers can search for and purchase remnants that match their project needs, while sellers can quickly list and monetize their surplus inventory. Remnants Direct is committed to delivering an efficient, sustainable, and cost-effective solution to the market, and we are excited to support our customers’ projects in an environmentally responsible way.

The countertop fabrication industry encompasses the production and installation of various countertop materials, including natural stone (such as granite and marble), engineered stone (like quartz), solid surfaces, laminates, and more. This sector serves both residential and commercial markets, providing essential components for kitchens, bathrooms, laboratories, and other spaces requiring durable work surfaces.

Market Overview

Market Size and Growth: As of 2024, the U.S. countertop manufacturing industry is valued at approximately $2.5 billion, reflecting a 1.13% increase from 2023IBISWORLD
. Globally, the countertop market was valued at $131.50 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 6.5% from 2023 to 2030
Source: GRAND VIEW RESEARCH
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Material Preferences: Granite remains a popular choice among consumers, contributing significantly to market demand. Engineered quartz is also gaining traction due to its durability and low maintenance requirements
Source: FORTUNE BUSINESS INSIGHTS
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Bathroom/Kitchen Remodel Demand

Annual Remodeling Projects

Kitchen Remodels:
Approximately 10.2 million homeowners renovate their kitchens each year. This figure is derived from the National Kitchen & Bath Association's (NKBA) report, which estimates that kitchen remodeling projects account for about 48% of the $158 billion spent on residential kitchen and bath remodeling.
Source: NKBA Knowledge BaseBathroom Remodels:
Similarly, around 10.9 million homeowners undertake bathroom renovations annually. According to the same NKBA report, bathroom remodeling projects represent approximately 52% of the total spending in this sector.
Source: NKBA Knowledge Base

Average Spending on Remodels

Kitchen Remodels:
The average cost of a kitchen remodel varies based on the project's scope and materials used. HomeAdvisor reports that typical kitchen remodel prices range between $14,599 and $41,507, with an average cost of $26,963.
Source: HomeAdvisorBathroom Remodels:
Architectural Digest notes that bathroom remodeling costs typically range from $9,000 to $48,000, depending on factors such as size, materials, and labor.
Source: Architectural Digest

Spending on Countertops

Kitchen Countertops:
Countertops are a significant component of kitchen remodels. HomeAdvisor indicates that the average cost to install countertops is $3,000, with prices ranging from $1,000 to $4,500, depending on material choice and kitchen size.
Source: HomeAdvisorBathroom Countertops:
In bathroom remodels, countertop costs vary based on material and size. Modernize reports that the average cost for countertop materials in the U.S. is $81 to $148 per square foot, with the average project cost ranging from $111 to $204 per square foot for professional installation.
Source: Modernize

Remnants in the Industry

Remnants are leftover pieces of stone or other countertop materials from larger fabrication projects.
These pieces are often too small for full-sized countertops but are ideal for smaller projects like vanities, tabletops, or backsplashes.Cost Advantages: Purchasing remnants can be cost-effective, typically priced 20-30% lower per square foot compared to full slabs. For instance, quartz countertops retailing at $110 per square foot may be available as remnants for $70-$90 per square foot
Source: BRICKSTONE HOMEAvailability: Many fabricators and stone suppliers maintain an inventory of remnants, offering a variety of materials and colors. These remnants are often sold at discounted rates, making them attractive for budget-conscious consumers
Source: REMNANTSS
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Challenges with Remnants

While remnants provide opportunities for cost savings and material utilization, fabricators face several challenges:Inventory Management:Maintaining an organized inventory of remnants requires space and resources. Over time, remnants can accumulate, leading to storage issues and potential waste if not sold.Customization Limitations:Remnants come in specific sizes and shapes, which may not align with a customer's project dimensions. This limitation can restrict their applicability and appeal.
Pricing and Profit Margins: While remnants are sold at discounted prices, the labor involved in cutting, finishing, and installing them remains constant. This scenario can result in lower profit margins for fabricators.

Conclusion

The countertop fabrication industry is a dynamic sector with steady growth, driven by residential and commercial construction and renovation activities. Remnants play a significant role in this industry by offering cost-effective solutions for smaller projects and promoting material efficiency. However, fabricators must navigate challenges related to inventory management, customization constraints, and pricing strategies to effectively capitalize on the benefits of remnants.So, Remnants Direct will solve all 3 pain points for fabricators.We will document and manage their inventory. Fabricators take a picture, input color/stone type, and add measurements for new pieces, adding them to their inventory. When a piece is sold, it is removed automatically from their inventory. They can also remove a piece if it sells outside our format.Our app/website will automatically match projects with remnants that are large enough to complete the project. This will also eliminate time spent meeting customer to walk through your bone yard and fishing for a workable piece.Profit margins will increase due to less time spent with customers fishing for a remnant as well as increased operating efficiencies.Customers will be able to go online and see many options within minutes that will work for their projects. This will save many hours and headaches going to fabricators to fish for a workable piece.

Invest

DisclaimerThis website and the information contained herein are intended solely for the purpose of testing the waters to gauge potential investor interest in a possible offering by Remenants Direct. The information presented is for general informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any securities. No money or other consideration is being solicited, and if sent in response, it will not be accepted.Securities will be offered only through an offering memorandum or similar document and only in jurisdictions where permitted by law. No sale will occur until the appropriate offering documentation has been provided to prospective investors and all required filings have been made with the relevant regulatory authorities.The information provided may contain forward-looking statements that reflect our current views and assumptions. Actual results may differ materially. Prospective investors should not place undue reliance on forward-looking statements and are encouraged to conduct their own due diligence before making any investment decision.By accessing this site, you acknowledge and agree to the terms above.It’s always a good idea to have a legal professional review this disclaimer to ensure compliance with the applicable regulations and your business's specific needs.