Building Tile Store

Beautiful Tile Retail store offering some of the most popular tile & bamboo lines in the flooring industry including Crossville, Porcelanosa, Daltile, Malibu Ceramic Works, Stone & Pewter Accents, and Teragren Bamboo. They also carry sealers, cleaners, tools, and setting materials for contractors and installers. The new and larger showroom has a mix of traditional wall and rack display with a design center feel. The displays and interactive media make it easier for clients to locate exactly what fit their needs. The staff have a broad knowledge on interior designs, remodeling and construction needs and provide excellent service to the customers. The customers are loyal and the store enjoys plenty of repeat business. One of owner has health issues and hence the reason for the sale of the business. Recent increases in inefficiencies have let to improved bottom line. The business remains very profitable. An excellent opportunity for new owner to take the business to greater heights. Sale spiked in 2014 because of some large contracts. Profits are lower in recent years due to the increase in labor cost. The labor increase in part due to the fact that the owners did most the work. Now that there is only one owner, there is more reliance on the employees (increase pay and hours).

Please refer to listing ID: TILESTORE2015

Industry:  Home and Garden
Industry Segment:  Hardware and DIY Retailing
Geography:  United States > California > Ventura
Asking Price:  $225,000
Gross Revenue:  $905,598
Cash Flow:  $127,403
Value of Inventory:  $20,000 (Included in Asking Price)
Value of Equipment:  $55,000 (Included in Asking Price)
Seller Financing:  Seller will finance $50K
Year Established:  2002
Number of Employees:  5
Mgmt. Training/Support:  Seller will train Buyer
Reason For Selling:  Health of parter
Name:  Bonaventure Wakam
Phone:  805-644-9588