Category:
8593 - Wholesale & Distribution
Location:
Northern California - Northern California
Business Description:
This Profitable Tile and Marble Retail & Wholesale business is located in SF Bay Area. They are a direct importer of Stones & Tiles, this allows for higher gross profit margin. SDE average for the last two years has exceeded $600K. No contractor license required. The business has always been profitable even during the recession. Established over 20 years. The seller is highly motivated to sell in order to pursue a new opportunity. Sales are generated primarily through word of mouth and little advertising. $650K inventory is included in the purchase price. SBA Pre-approved with $525K down.
Inventory (included):
$650,000
5 Months Ended
5/31/2018
$905,943
(Sales)
$214,896
(Adjusted Cash Flow)
12 Months Ended
12/31/2017
$2,348,997
(Sales)
$671,701
(Adjusted Cash Flow)
12 Months Ended
12/31/2016
$2,654,592
(Sales)
$645,680
(Adjusted Cash Flow)
12 Months Ended
12/31/2015
$2,815,117
(Sales)
$420,302
(Adjusted Cash Flow)
| # of Employees | Full Time | Part Time |
| Non-Owners | 6 | 3 |
| Owners | 1 | 0 |
Hours of Operation
Mon-Fri 7:30 to 5, Sat: 9-3, Sun: closed
Licenses Required:
Monthly Rent Including NNN:
$7,015
Expires:
3/31/23
Option:
For 5 years
Size(sq.ft.):
6,640
Type of Organization:
LLC
Reason for Sale:
Pursue new Opportunity
Training:
4 weeks 25 hours
Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.