ESTABLISHED TILE & STONE FABRICATOR, INSTALLER AND DISTRIBUTOR WITH VERY IMPRESSIVE LIST OF RECURRING CLIENTS
(DISTRIBUTION, TILE AND STONE DISTRIBUTER)
QUEENS, NEW YORK
Listed Price: $ 15,000,000
Listing ID: XC3331211
Listing DetailsGross Revenue: $ 14,800,000
Cash Flow: $ 2,400,000
FFE: $ 125,000 (Included in Price)
Inventory: $ 175,000
Form of Ownership: S Corp
Terms and Conditions: NEGOTIABLE
Reason for Sale:
RETIREMENT
Training & Support:
COMPLETE TRAINING AND SUPPORT INCLUDED IN SALE
Listing SummaryBusiness Description:
ESTABLISHED TILE AND STONE DISTRIBUTION BUSINESS WITH GREAT OPPORTUNITIES FOR GROWTH!
This company has and maintains long standing relationships with the top general contractors, designers and architects.
Commercial revenue generated through accounts with several property management companies and building developers that own or manage portfolios of apartment units throughout the boroughs. This revenue stream provides the company with recurring revenue and significant monthly cash flow. The sales consist of product only, combination of products and countertop installations, and full service supply and install.
Project revenue generated through solicited bids from the top general contractors and building developers. Proposals are requested by established customer base, from general contractors bidding on projects where company is an approved vendor, and from business development opportunities. Projects consist of supply only, supply and install, or install only contracts. Company infrastructure can handle multiple large projects throughout the year resulting in healthy margins and steady workflow.
Historical Summary:
Business was established 28 years ago. This company has a proven track record for providing best selection of tiles and stone to clientele of developers, architects, designers, general contractors and individual homeowners. Competitive advantage includes the ability to provide full array services including supply, fabrication and installation to their clients.
Owner Qualifications:
SOME PRIOR CONSTRUCTION EXPERIENCE NECCESSARY
Competition:
LIMITED
Potential Growth:
UNLIMITED
Financing/Terms:
NEGOTIABLE
LocationLease Expire: 0000-00-00
Lease Security: 11000
Monthly Rent: $ 6,800
Square Footage: 7000
Type of Location: Commercial
Facilities:
7000 SQUARE FEET OF COMMERCIAL WAREHOUSE AND OFFICE SPACE
Ability to service clients on projects of all sizes, from ground up development of multi-residential units to small home renovations. In-house fabrication capabilities can be found at this company’s 7,000 square foot manufacturing and warehouse facility giving the company control over the supply and installation of its projects. The facility located in Queens is easily accessible to all major highways. At the facility, the operations team ensures the quality of custom fabrication production and our logistics team schedules all product deliveries and installations. The company’s skilled and experienced staff is essential to providing the quality and service our customers expect. Management ensures optimal usage of raw materials and inventories excess
OperationYear Established: 1988
Days & Hours of Operation: M-F 9AM-6PM SAT-11AM-4PM
Owner Hours: 40
Employees: 22
Managers: 5
Absentee Owner: No
