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  • RE:  National Wholesale Tile Distributor (Asset Sale)
  • Contact:  Russell Fergusson
Owner Financing is Available!
Owner Financing Terms:$55,000.00

Quick Facts

Asking Price: $600,000
Annual Revenue: $968,750
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $60,000
Real Estate: Not Disclosed
Year Established: 2005
Employees: 8
BBN Listing #: 181143891
Broker Reference #: 9525-747482

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Business Overview:

Significant price reduction! Established national tile importer with locations on the East and West Coast. Markets online with several websites. Recognized brand with private label capabilities. A strong relationship with the largest tile supplier in the USA. Imports products from manufacturers across the world and works with domestic producers. Unique designs and marketing options. Diverse client base consisting of large tile retailers, architectural and design firms, high-end tile showrooms, buying groups, and associated manufacturing representatives.
A broad selection of glass, metal, ceramic, stone, mosaics, and porcelain tiles for design centers, retailers, architects, interior decorators, builders, and more. Websites generate online sales with limited optimization.
For over 18 years this distributor has developed a national presence and launched an e-commerce business. Offering in-house full-service design can provide a wide range of products, marketing materials, and displays.

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Property Features and Assets:

Monthly Rent: $20,000.00

Square Units (Foot, Meter): 30,000

Lease Expiration Date: September 27, 2024, 9:00:00 PM

Terms Options: 5 years

Facilities: Office in VA and warehouse in CA.

FF&E General Condition: Good

Market Competition and Expansion:

Expansion: Create and market branded and private label products. Promote and expand websites and online marketing activity for increased awareness and sales opportunities. Expand sales to new and existing clients with custom marketing boards and direct sales representation.

 

Competition:  Competition from regional, national and overseas companies. Owner has streamlined operations and diversified product offering to take advantage of market conditions and service large network of buyers, retailers and designers.

Reason for Selling:

Other Interests.

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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