Seller's Contact Information
- RE: Tile Distribution Company: Leading Style-Setter
- Contact: Rick Carlson
- License #: 01820673
Quick Facts
| Asking Price: | $2,500,000 | |
| Annual Revenue: | $8,917,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $450,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1982 | |
| Employees: | 20 | |
| BBN Listing #: | 12827574 | |
| Broker Reference #: | 1074 TILE |
Business Overview:
Since the 80s, this two-location California tile distributor has supplied leading dealers, designers, architects, and builders with some of the most exclusive tiles made by the finest manufacturers around the world and in the USA.
Through the years, the original owners developed relationships with worldwide manufacturing companies offering exclusive territorial rights for distribution and developed a network of dealers and a long list of retailers across the state.
The Business services Southern California, Arizona and Nevada via representation of more than 20 manufacturers, and can access many more. Two warehouse stock thousands of items (varying in tile composition, size, color, and texture). Although great success has been found in working with European brands, about 30% of the product lines represented are made in the USA. The Company is also actively adding more and new USA-made products to counter increased freight costs from overseas.
NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
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Property Features and Assets:
Facilities: Two leased buildings are 25,000 square-foot and 50,000 square-foot in size. The total rent for both locations is $69,000 per month. The Company made significant improvements to the Southern California space in the last 8 years and has upgraded some of its equipment.
Market Competition and Expansion:
Competition: Big Box companies tend to focus on commodity products and prices whereas this business caters to clients wanting more exclusivity of products and a higher level of customer service and expertise. Growth & Expansion: There is much opportunity with new product categories and distribution channels. LVT vinyl flooring is an example. It is one of the fastest-growing categories of the industry but the Company does not yet carry the line. Building a stronger commercial presence is another avenue to grow sales.
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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