Specialty Tile & Marble Outlet Center, Retail/Wholesale

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Tile Outlet Center, Retail/Wholesale

Business Description

Well established Tile & Marble business, with high repeat customer, and customer referral clientele. Business has maintained strong Revenues, and a solid Cash Flow for the owners, and with their training, for as long as necessary, it will continue to grow and prosper under a new Hands on Owner Operator. Could be run as an Absentee Ownership business, however, that could effect the profitability, as it does in any business. It could qualify for SBA Financing for a qualified buyer, and the sellers are willing to hold a small Note if required to get the deal done. This is an Outstanding Business Opportunity for a smart, hardworking, and creative individual or partnership.

About the Business

Location:
Fredericksburg, Virginia
Year Established:
2005
Number of Employees:
2 FT
Real Estate:
Leased
Building Sq. Ft.:
6,500
Rent:
$7,036.25 Per Month
Lease Expiration:
11/30/2019
Facilities:
6,500 Square Feet with Total Current Monthly Rent of $7,036 (NNN), and a Lease Term till November 30, 2019. New Owner will Negotiate a New Lease with what ever Length Term they would like.
Market Outlook/
Competition:
No viable Competition in the Area.
Growth & Expansion:
Expanding the Products Offered, along with Growing the Online Sales. Expanding the Market Area served by Increasing the Marketing and Advertising.
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About the Sale

Reason For Selling:
Other Business Interests, and Retirement
Training/Support:
Sellers will give 1 - 3 months of Training/Transition.
Seller Financing:
Negotiable

Listing Info

ID:
1671476
Ad Detail Views:
359
Asking Price:
$1,759,999

Gross Revenue:
$2,000,000
Cash Flow:
$795,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$200,000
included in asking price

FF&E:
$50,000
included in asking price

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Business Listed by

Gary Steven Russell

G. S. Russell Business Brokers and Advis

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