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BUSINESS FOR SALE - PROFILE #  42520083

Kitchen & Bath Tile Showroom
Raleigh

Asking Price: $1,725,000   Down Payment: $1,725,000  
Gross Revenue: $4,665,334   Adj. Cash Flow*: $475,870  
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Executive Summary
When the owners purchased this company many years ago, they saw an opportunity to provide homeowners and commercial clients a vast selection of the world’s most beautiful tile and related products. With superior service through highly educated kitchen and bath design professionals and installation guidance through a beautiful 5,000 sq. ft. + showroom, they work with clients throughout the Raleigh metro area, coastal areas and the NC mountains.
Their showroom features some of the most unique tiles available from handmade tiles to natural stone products for kitchens and baths walls and floors, fireplaces and outdoor living areas. Clients will find inspiration through hundreds of samples and a variety of products including glass, metal and glazed tile along with slates, marbles, travertine and limestone.
Residential and commercial clients will also find a vast array of installation materials. The business has grown to be one of the areas largest stocking distributors buying directly from domestic and international tile manufacturers with some of the world’s top tile and stone brands represented in the showroom.

SBA Prescreened for qualified buyers.

Acquisition Highlights

  • There are several opportunities for growth for this business that the owner will discuss in greater detail at the appropriate time Like most metropolitan areas, there are several competitors, both national tile showrooms and regional operators, but few match the breadth and depth of the high quality offerings, available inventory of readily available products, design assistance, knowledgeable staff and exclusive product lines as the business owner.
  • The business is located in a 7,400 square foot industrial building built in 2000, with street frontage. Plenty of dedicated parking spaces are sufficient for staff and customers. The business owner owns the warehouse and facilities and will negotiate and market rent with the buyer
  • Financing Information:  SBA Pre-Screened for qualified buyers
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 2001 Inventory:
Employees: 11 Furniture, Fixtures & Equipment: Included
Lease/Rent: $14,000 Real Estate:
    Total Assets Included in Sale:
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Mark Herrmann
Phone:  (704) 360-8898
Fax:  (704) 272-4477
E-mail:  mherrmann@vrcharlotte.com
VR Business Brokers - Charlotte, NC
9301 Monroe Road
Suite L
Charlotte, NC 28270
www.vrcharlotte.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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