Texas Based Commercial Tiling Business

Houston, TX


Asking Price: Annual Revenue:
$790,000 $3,485,410

Services: Construction, Contractors


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RE: Texas Based Commercial Tiling Business Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $790,000 15% Buyer Down Payment: $118,500 15% Seller Financing: $118,500 70% Bank Loan: $553,000

Quick Facts

Asking Price: $790,000
Annual Revenue: $3,485,410
Net Profit: Not Disclosed
Cash Flow: $539,943
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1950
Employees: 2
BBN Listing #: 500234398
Broker Reference #: CON070

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Business Overview:

Exclusive to commercial projects, this Texas based business provides turnkey tile projects and has work in progress totaling over $550,000. Clients include general contractors and construction managers. All field work is contracted out, and work is based out of a home office for low overhead. 80% of projects are completed in the Houston area, 19% through greater Texas, and 1% completed in other states.

With a gross mark-up of 47%, 2018 brought in over $3MM in sales. Demographics consist of 30% retail, 30% educational, 20% entertainment/restaurant, 10% grocery stores, and 10% service stations. Providing a first class experience based on quality, service and integrity, the average sales size is $59,000.

The current owner is willing to stay on as the company’s estimator and is also willing to train the buyer for 30 days. With a proactive approach, this business has a positive reputation based on on-time and high quality projects.

Growth opportunities include tapping into the residential market, as well as venturing into soft surfaces including carpet, rubber based materials, etc. that could be provided to clients on the same projects.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement

Additional Details:

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

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