Family owned and operated for Nearly 15 Years, this well run, and highly profitable business is an Outstanding Opportunity for the Right Buyer. Buyer needs to be a Hands on Owner Operator with lots of Energy and Imagination to continue the steady Growth of the business. Current owners will train the new owner for up to 3 months to be sure it is a solid, and successful Transition. This business will easily qualify for SBA Financing if necessary, however, a full cash offer would make for a much faster deal closing, and the new owner could start earning a High Cash Flow immediately.
About the Business
Number of Employees:
Building Sq. Ft.:
$7,036.25 Per Month
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.
No viable Competition in the Area.
Growth & Expansion:
Expanding the Products Offered, along with Growing the Online Sales. Widening the Market Area served by Increasing the Marketing and Advertising.
Sellers will give 1 - 3 Months of Training/Transition.
Seller may hold a small Note if Necessary
Ad Detail Views:
Asking Price: $1,850,000 Gross Revenue: $2,000,000Cash Flow: $675,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $200,000 included in asking priceFF&E: $50,000 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.
Well Established Tile & Marble Business in Virginia
The information on this listing has been provided by either
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
and assumes no responsibility for its accuracy, veracity, or completeness. See our
full Terms & Conditions.