Listing Number: 12451-954156
Description
Key Investment Considerations:
• A premiere, fully Insured, tile & marble sales & installation company in Virginia
• SBA Lender Pre-approval status.
• Gross Revenue of $2,212,005 in 2021 during Covid-19
• 10% annual increase in revenue in past years.
• Seller Discretionary Earning: average $669,281 in past 3 years.
• Reason for sale: Retirement
• Business established in 2005 and under same ownership since.
• Excellent reputation in the serving area.
• 4.5 rating with Google Reviews.
• Better Business Bureau A+ rating.
• 4.0 rating with Houzz reviews & 4.9 rating with Angi reviews.
• Great acquisition opportunity for gaining market share, fixed assets (FF&E), and team members.
• Seller is willing to train for 4 weeks after closing.
• Pandemic proof business model with opportunities to grow.
• $300,000 worth of inventory included in listing price.
• $100,000 of furniture, fixture & equipment included in the sale including 1 work van & 2 forklifts.
This Virginia Tile Sales Company has been serving both consumers and professionals since 2005. Whether the customer is a homeowner, an interior designer, or a new home builder, they are here to select the best tile to suit customer’s needs.
To ensure customer’s total satisfaction, their professional and courteous staff will assist customers from tile selection to completion of installation. Not only customers will get the best service, but they will also get the best prices GUARANTEED!
This company is a family-owned and operated company located in Virginia.
With more advertising and more crews running will help take the company to the next level. This company has been growing in a steady trend in the past few years. With pandemic, this business achieves 21% increase in revenue from 2019 - 2020 New owner can take advantage of the already signed contracts for 2022 and still growing right after the acquisition. Other growth opportunities include expanding additional product lines for sales & installation, E-commerce, outside sales, expand on advertising area and installation area.
Listing Details
- Price: $ 2,500,000
- Down Payment: $250,000
- Sellers Discretionary Earnings: $ 856,168
- Total Sales: $ 2,212,005
- Location: City, Virginia
- Inventory: $ 300,000
- FF&E: $ 100,000
- Employees: 1
- Year Established: 2005
- Reason for Selling: Retirement
- Category: Construction
