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Business For Sale

Retail Tile & Stone

North Hollywood, CA, USA

Retail: Non-classifiable

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$3,000,000
$3,214,805
$695,030
$695,030
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2004
7
587126839
Owner Financing is Available
Owner will finance $500,000 of purchase price

Business for Sale Overview:

50% interest in company is for sale. 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 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 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

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Building for Sale: Lot Size 40,141 - Corner Location, 18,900 Sq. Ft. – Fully Occupied NNN Annual Income $370,800 - Price $5,250,000.

Reason for Selling:

The Seller wants to expand business by becoming an

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

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