Business Broker.Net | Connecting Business Buyers and Sellers

Asking Price:	$5,200,000 USD USA Dollars
Business for Sale Industry:	Retail: Non-classifiable
Reason for Selling:	Owner going into wholesale business
Year Established:	2004
# of Employees:	16
Yearly Revenues:	$5,111,335
Yearly Cash Flow:	$1,405,191
Yearly Net Profit:	$1,405,191

Business for Sale Overview:

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. The company has a sterling relationships with vendors and has over $1,000,000 in credit lines available from local vendors. CONTACT DAVID BARRY 310-279-5133

Property Features and Assets:

Company has 4 retail locations North Hollywood, Hollywood, Whitter & Van Nuys.

Market Competition and Expansion:

Can grow business to 10 or more stores.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for 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.