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- RE: Global High End Building Tile Manufacturer
- Contact: Karl Barham
Quick Facts
Asking Price: | $675,000 | |
Annual Revenue: | $713,938 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $39,475 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2005 | |
Employees: | 2 | |
BBN Listing #: | 963156513 | |
Broker Reference #: | 98126-757912 |
Business Overview:
This global luxury brand is available for immediate sale to the right buyer looking to expand their offering into the high-end building and commercial and residential construction market. This niche supplier of high-end tiles is available for sale including over $800k in inventory in stock. The business designs, develops and sources glass tiles and mosaics that represent the highest quality and beauty in the industry. With over 3000 SKU this global established brand can be found in over 150 retail designer showroom in the USA with unique options to fit any designer or builder distinguishing taste. A national distribution network is in place with global clientele. This business is ready for a new owner to take over the business and grow the brand.
The company is decade old but was introduce into the US market in early 2000s. In 2016, the current owner took over the company and expanded the product offering, inventory levels, and distribution partners. After successful navigating serving customer during the pandemic, the business is positioned to grow further through various sales channels. The business has over 21,000 square feet facilities with offices and warehouse space for expansion in Metro Atlanta.
According to several global industry reports the growth rate for glass is in the 5-7% range over a 5 year forecast period. Most glass tile is manufactured off shore but the demand is in the warm and coastal cities, mostly used in bathroom, kitchens, pools, spas and any area that require beauty, safety, and durability.
Building construction in the southeast and the west coast continues to be strong and deploying a sale team targeted to designers, contractors, and architects is one growth opportunities. Additionally, new product launches and increase marketing are proven strategies for additional growth.
Commercial warehouse with office space
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Reason for Selling:
Other opportunity.
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
Relevant Links:
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