Asking Price: $275,000 Gross Revenue: $920,546Cash Flow: $27,850 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $48,895 included in asking priceFF&E: $240,645 included in asking priceReal Estate: Not Disclosed Share 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.
A well-established Tile Showroom and Warehouse now available at a great price!
Long-time employees and knowledgeable staff keep customers coming back year after year. The business has a great reputation with 7000 customers, both contractors and retail sales and 30 years of community service.
This retail seller of ceramic tile, porcelain and marble also offers first-in-class design services of kitchen floors, bathrooms, granite & marble counters and back splashes. Installation portion of business was put on hold due to owner illness but can be easily added back to service offerings
About the Business
Union County, New Jersey
Number of Employees:
5 FT/2 PT
Showroom is along main street in upscale community. Nearby warehouse provides location for pick-up of orders and sales of installation materials to local contractors.
There are only 3 competitors with similar services offered in neighboring towns.
Will train for 4 weeks @ $0 cost. Currently, the majority of the business generates revenue from Tile Sales & Design Services and Countertop Sales. Plumbing fixtures (vanities, sinks, faucets) are also available for sale. Setting materials are available at the warehouse location. Installation services were put on hold due to owner's illness and can easily be added back to services provided.
Well Established Tile Store/ Warehouse - Great Opportunity
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.