Tile Stone & Marble Retail 4 Locations
Location California,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $5111335
Net Profit / Cash Flow $1405191
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2004
Number of Employees 10 - 19
Inventory 180000
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Owner will train buyer for 90 days.
Reason for Sale Owner going into wholesale business.
Description Asset Sale - Company occupies 4 Retail locations in Southern California consisting of an 8,000 sq. ft. retail/warehouse, 2,500 sq. ft w/parking & yard, 3,000 sq. ft. w/parking & yard and 5,500 sq. ft. retail/warehouse. Store Hours M-F 8:00 to 5:00 - Sun 10:00 to 3:00 Store Hours M-F 8:00 to 5:00 - Sun 10:00 to 3:00
The Company is an international producer, importer and wholesaler of exquisite high quality stone and porcelain tiles. We are a growing major supplier in southern California, as well as extending into the rest of the western United States. The company has exclusive rights to 5 Lines of mosaics, tiles, and natural stones in our surrounding areas.. Our huge inventory makes it possible to accommodate orders of any size, and at better than competitive pricing. Because of our large selection and multiple locations, we assure ongoing consistency and continuity with our products. The company is continually introducing many new exciting colors and patterns. We offer a variety of products in all sizes with more than 5,000 items and accessories to choose from including marble, travertine, limestone, pre-fab granite, porcelain and ceramic. We also have a large selection of builder grade materials. Company has a very large contractor and designer database. Breakdown of sales, Retail 35% Contractors/Designers 65%.
The company has 16 employees consisting of 1 General Manager, 3 Managers, 4 Warehouse personnel, 2 Drivers, 3 Salespersons, 1 Bookkeeper, 1 Account Receivable clerk and 1 Controller all employees have been with the company since inception. Inventory and accounting software and servers valued at $100,000. Company is set up to handle up to 10 locations with no extra back end expenses. The company has a unique customer base that almost guarantees business which will be taught to buyer. Our way of creating this business creates almost 200 outside sales personnel without investing any money.
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