Category:
10446 - Retail
Location:
Northern California - Northern California
Business Description:
This Tile and Stone Importer is a retailer & a wholesaler. business is located in the South Bay Area. They directly import Stones & Tiles from Italy, Spain, China, and other Manufactures and Distributers, this allows for higher profit margin. No contractor license required. They have a warehouse nearby. Good leases in Place. Delivery Vehicles and Fork Lifts included. Great Sales, Customer Service & Warehouse management team in place. Business was Established over 30 years ago and it enjoys a great Reputation. The owner is motivated to sell in order to pursue new opportunity. $1.1M M inventory is included in Purchase Price. SBA Loan Assumption is Possible.
Inventory (included):
$1,100,000
12 Months P&L Ended
12/31/2020
$1,684,708
(Sales)
$231,266
(Adjusted Cash Flow)
12 Months Ended
12/31/2019
$1,768,782
(Sales)
$208,705
(Adjusted Cash Flow)
12 Months Ended
12/31/2018
$1,316,092
(Sales)
($5,774)
(Adjusted Cash Flow)
| # of Employees | Full Time | Part Time |
| Non-Owners | 5 | 1 |
| Owners | 1 | 0 |
Hours of Operation
M-F: 8:00 am - 3:00 pm
Sat: 10:00 am - 3:00 pm
Sun: Closed
Licenses Required:
Monthly Rent Including NNN:
$7,015
Expires:
03/31/2023
Option:
For 5 years
Size(sq.ft.):
6,640
Type of Organization:
LLC
Reason for Sale:
New opportunity
Training:
4 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.