Stone Restoration & Tile Care Firm With 44% Profit

Phoenix, AZ
Maricopa County


Asking Price: Annual Revenue:
$610,000 $404,026

Services: Professional


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RE: Stone Restoration & Tile Care Firm With 44% Profit Broker: Seller of Business
Owner Financing is Available!
Purchase Price: $640,000 10% Buyer Down Payment $61,000 10% Seller Financing or Equity Roll $61,0000 80% Bank Loan $488,000 A 10% down payment of $61,000 returns $105,935 in the first year after debt payments!

Quick Facts

Asking Price: $610,000
Annual Revenue: $404,026
Net Profit: Not Disclosed
Cash Flow: $184,595
Total Debt: Not Disclosed
FF&E: $115,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 5
BBN Listing #: 783834398
Broker Reference #: TRA022

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Business Overview:

This business with a 44% profit margin has over 1,600 active clients in the Phoenix Metro. and low overhead costs that produce a 44% profit! Established in 2013, this full-service stone cleaning, honing, polishing, and repair company has a low overhead and $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. Two vans are included in the sale and contain hot water extraction machines, high-speed weighted buffers, tools, and cleaning supplies. 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.

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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 a homebased business opportunity.
  • This is not a franchise resale opportunity.

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