NOT DISCLOSED, New Jersey
| Asking Price |
$695,000 |
Year Established |
1972 |
|
| Annual Revenue |
$2,768,343 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Tom Covello |
|
| Annual Cash Flow |
$549,540 |
Listing Number |
991260 |
|
| # of Employees |
15 |
Business Category |
Services: Construction, Contractors |
|
Business Overview:
HUGE Price Drop- Landmark South Jersey Tile Co Inc Real EstateThis 50-year old landmark well-known tile business is now the best value on the market in the tri-state area. The business list price of $695,000 includes a minimum of $300,000 in inventory. The real estate is now listed for $950,000 and was appraised in 2024 for over $1.2 million! The owners are ready to retire and are obviously motivated but will stay on for an extended period of time to help with the transition. The growth potential for this company is extremely strong with some young modernization energy and a sales focus shift to builders and contractors.
There would some seller financing available on the business side for fully qualified buyers.
Don't waste any time on this as it will go quickly. Please put an inquiry in or email Tom Covello at tcovello@tworld.com for the NDA and all of the information.
Property Features and Assets:
<p>Real Estate Asking Price: $950000.00<br><br>Facilities: Property is owned by the Seller<br></p>
Market Competition and Expansion:
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity