Retail Tile & Stone Company In Anaheim For Sale

Business description

The company is an International producer, importer and wholesaler of exquisite high quality stone and porcelain tiles. We are a growing major supplier in southern California, as well as extending into the rest of the western United States. The company has exclusive rights to 5 Lines of mosaics, tiles, and natural stones in our surrounding areas.. Our huge inventory makes it possible to accommodate orders of any size, and at better than competitive pricing. Because of our large selection we assure ongoing consistency and continuity with our products. The company is continually introducing many new exciting colors and patterns. We offer a variety of products in all sizes with more than 5,000 items and accessories to choose from including marble, travertine, limestone, pre-fab granite, porcelain and ceramic. We also have a large selection of builder grade materials. Company has a very large contractor and designer database. Breakdown of sales, Retail 35% Contractors/Designers 65%.

The company has 2 employees consisting of 1 General Manager/Sales and 1 Warehouse personnel and all employees have been with the company since inception. The company has a unique customer base that almost guarantees business which will be taught to buyer. Our way of creating this business creates almost 200 outside sales personnel without investing any money. The company has a sterling relationships with vendors and has over $1,000,000 in credit lines available from local vendors.

This location was originally owned by the Roca Tile Group who manufactures tile in Italy. The store was a showroom retail sales center for their own product. Gross sales for 2007 were $1977,169. 2008 gross sales were $1,017,439. Projected proforma gross sales for 2009 is $1,117,228, projected proforma net income for 2009 is $223,401
The company is an International producer, importer and wholesaler of exquisite high quality stone and porcelain tiles. We are a growing major supplier in southern California, as well as extending into the rest of the western United States. The company has exclusive rights to 5 Lines of mosaics, tiles, and natural stones in our surrounding areas.. Our huge inventory makes it possible to accommodate orders of any size, and at better than competitive pricing. Because of our large selection we assure ongoing consistency and continuity with our products. Imperial Tile, is continually introducing many new exciting colors and patterns. We offer a variety of products in all sizes with more than 5,000 items and accessories to choose from including marble, travertine, limestone, pre-fab granite, porcelain and ceramic. We also have a large selection of builder grade materials. Company has a very large contractor and designer database. Breakdown of sales, Retail 35% Contractors/Designers 65%.

Property information

Location:

Company occupies 14,000 sq. ft. retail/warehouse at a rental rate of $15,000 monthly

Other information

Support & training:

Owner will train buyer for 30 days

Reasons for selling:

Seller has other business interest

Trading hours:

Store Hours M-F 8:00 to 6:00 - Sat 10:00 to 3:00

Financing available:

$250,000 down payment required. Any amount of inventory at invoice cost or market value whichever is lower can be purchased by buyer.

Furniture / Fixtures value:

$300,000 (included in the asking price)

Inventory / Stock value:

$250,000