Category:
8481 - Wholesale & Distribution
Location:
Northern California - Central Coast
Business Description:
This tile and stone retail & wholesale business is located in Bay Area. No contractor license required. Current owners have been able to travel to many countries in search of products and have met interesting people around the world. The business has always been profitable even during the recent recession when many other companies went out of business. Current owners have been running the company at only part of its potential to give themselves more family time. The owners are motivated to sell in order to retire. Sales are generated primarily through word of mouth and limited advertising. $700K inventory is included. Pre-approved for a SBA loan with 20% down. Ref# 8481
Inventory (included):
$700,000
12 Months Ended
12/31/2017
$2,348,997
(Sales)
$660,126
(Adjusted Cash Flow)
12 Months Ended
12/31/2016
$2,654,592
(Sales)
$640,888
(Adjusted Cash Flow)
12 Months Ended
12/31/2015
$2,815,117
(Sales)
$403,839
(Adjusted Cash Flow)
12 Months Ended
12/31/2014
$2,713,022
(Sales)
$448,403
(Adjusted Cash Flow)
# of Employees | Full Time | Part Time |
Non-Owners | 6 | 3 |
Owners | 0 | 2 |
Hours of Operation
Mon-Fri 7:30 to 5, Sat: 9-3, Sun: closed
Licenses Required:
Monthly Rent Including NNN:
$7,217
Expires:
1/31/18
Option:
No
Size(sq.ft.):
6,640
Type of Organization:
S Corp
Reason for Sale:
Retirement
Training:
8 weeks 20 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.