Well known, and highly respected Tile & Marble Retail business offering High End/High Quality Imported Tile, and doing Design and Installation services throughout Northern VA. Current owners will remain as long as necessary for a full and smooth Transition to be sure the new owner can continue the steady growth of the business. This is an excellent opportunity offering High Owner's Net, and priced extremely fairly. This one is well worth your time and effort to review.
About the Business
Number of Employees:
6,500 Square Feet, with total current rent of $6,834 per month, and a lease term till November 30, 2019.
No Real Competition in the area.
Growth & Expansion:
Continuing to expand the Online Sales and Marketing side of the business, along with more Marketing and Advertising.
Length of Training/Transition Period is Negotiable.
Ad Detail Views:
Asking Price: $1,850,000 Gross Revenue: $2,307,459Cash Flow: $802,722 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $300,000 included in asking priceFF&E: $35,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Tile & Marble Retail, Installation, and Wholesale in VA
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the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
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