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- RE: Full-Service Stone & Tile Restoration In Phoenix
- Contact: Cortney Sells
Quick Facts
Asking Price: | $620,000 | |
Annual Revenue: | $320,093 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $214,197 | |
Total Debt: | Not Disclosed | |
FF&E: | $115,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2013 | |
Employees: | 5 | |
BBN Listing #: | 783834398 | |
Broker Reference #: | TRA022 |
Business Overview:
This stone & tile restoration company has over 1,600 active clients in the Phoenix Metro and low overhead costs! Established in 2013, this full-service stone cleaning, honing, polishing, and repair company has $115K in assets including 2 vans equipped with truck mounted hot water extraction equipment, high-speed weighted buffers, tools, and supplies. Two efficient technicians manage the entire on-site workload which involves cleaning, sealing, polishing, honing, stripping, repair, and treatment for all-natural stones as well as tile and carpet cleaning. The staff also includes a manager, an administrator/salesperson, and an overseer of the financials. All work is done for high-end homeowners, commercial businesses, hotels, banks, condominiums, or anyone with natural stone surfaces within the Phoenix Metro area.
The business operates from one warehouse that is not open to the public. They do utilize a virtual office when it is needed, but operations can be run remotely with ease. The team may be lean but is incredibly effective in running the business day-to-day. The owner currently handles scheduling and operations.
This business has superior social media reviews, an excellent reputation, high quality services, and a well-trained team in place. Revenue growth would certainly be obtained by advertising, infusing capital into an additional van to increase capacity, or maximizing current assets with extended hours to generate additional income. Priced at $620,000, a 10% down payment of $62,000 returns $106,494 in the first year after debt payments – a 172% return on investment!
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Property Features and Assets:
1,000 sq. ft.: Warehouse, inside parking, virtual administrative office
Market Competition and Expansion:
Advertise, expand the current business model, infuse capital to add another van to increase capacity, maximize current assets with extended hours.
Reason for Selling:
Retirement
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
Documents:
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