European Tile - Retail and Wholesale

Listing ID:
ORCSTCA0011010

The following broker is assigned to this listing:

R. Stephen Thomson

steve@sunbeltorange.com

Description

Imported European Tile-Wholesale to the Trade and Retail This exciting business distributes floor, wall and countertop tiles. Located in a prime north Orange County location, they also provide a retail component to compliment their wholesale/distribution activities to the trade. Goods are imported from Europe, Spain and Italy specifically, and are sold to over eighty tile companies in the Southland. The firm enjoys an exclusive relationship with its 15 supplier lines, many of which they have been doing business with since the business started. Business is conducted from an efficient 13,000 square foot facility which enjoys a favorable rent agreement, currently $8000 per month. In addition to new lines, the firm has also created a market niche by maintaining a sellable inventory of discontinued tile for their customers. The purchase price of the business includes approximately $600,000 of sellable inventory at wholesale cost. Sales: $1,333,330 Inventory Included in Purchase Price: $600,000 Seller's Discretionary Cash Flow: $124,000 (All figures are three year averages) Asking: $1,299,990 Disclaimer: The information above was furnished by the seller. Sunbelt Business Brokers of Orange Coast or its agents have not verified the information and makes no representations as to its accuracy or reliability. For more information call Steve Thomson, CBI, at Sunbelt of Orange Coast at 714-619-9310. Email: steve@sunbeltorange.com. Fax: 949-666-5823. For a complete listing of our currently available business and framchise opportunities go to: www.sunbeltorange.com.

Financials

Asking Price:$1,299,990
Revenue:$1,333,330
Cash Flow:$124,000
Downpayment: N/A
Monthly Payroll: N/A
FF&E Asking Price:$17,500 (Included in Asking Price)
Inventory Asking Price:$600,000 (Included in Asking Price)
Financing Available?No

Property

Real estate is unavailable for this listing.

Other

Franchise?No
Homebased?No
Relocatable?No
Year Established:1999
Year Acquired:1999
Full-Time Employees:0
Part-Time Employees:0
Reason For Sale:other ventures.