Retail Tile, Marble & Stone
Location California,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $3214805
Net Profit / Cash Flow $695030
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2004
Number of Employees 6 - 9
Inventory 166145
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Owner will train as required.
Reason for Sale The Seller wants to expand business by becoming an exclusive USA distributor of Australian Tile. Needs a CEO/Investor to achieve this goal. Pro-forma first year gross sales for this new venture is estimated at $1,500,000 net profit at $500,000 with this
Description 50% interest in company is for sale.
The company is looking for a highly qualified CEO/Partner/Investor to run the day to day operations of the business. The selected CEO/Partner will receive a salary of $180,000 per year. The present owners want to become an exclusive USA distributor of Tile for an outstanding Australian Tile Manufacturing Company. This opportunity will become part of the company and the Buyer will participate in the profits of same.
The company is an International producer, importer and wholesaler of exquisite high quality stone and porcelain tiles. 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. The company 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 7 employees consisting of 1 General Manager/Sales 2 Salespersons 2 Warehouse personnel, 1 Driver and 1 Bookkeeper, All employees have been with the company since inception. Inventory and accounting software and servers valued at $100,000. 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. The company has a sterling relationships with vendors and has over $1,000,000 in credit lines available from local vendors.
Stock Transfer - Company occupies 8,000 sq. ft. retail/warehouse at a rental rate of $11,500 monthly
Store Hours M-F 8:00 to 5:00 - Sun 10:00 to 3:00
Contact: David Barry 310-279-5133
Click Here To Contact Seller
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