Well Established Tile & Marble Business in Virginia

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Well Established Tile & Marble Business in Virginia

Business Description

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

Year Established:
2005
Number of Employees:
2FT
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. Widening 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:
Seller may hold a small Note if Necessary

Listing Info

ID:
1606000
Ad Detail Views:
0
Asking Price:
$1,850,000

Gross Revenue:
$2,000,000
Cash Flow:
$675,000
(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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U.S. Census Data for Virginia
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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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