Tile, Granite, Marble, Remodel FOR SALE in CT/MA - 11/13/2008 6:57:26 PM
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pcaceres
Posts: 1
Joined: 11/12/2008
Status: offline
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Financial Information
Asking: $850,000
Gross: $1,000,000
Cash Flow: $150,000
Furniture, Fixtures & Equipment: $267,750
Inventory: $400,000 (included in price)
The company was incorporated in September of 2003. It brought to the home improvement market a new definition of product and service for tiles and countertops. The main strengths of the company are: 1. the ability to create spectacular designs for any rooms 2. top quality products 3. variety of products to meet any style 4. installation services for all the products they sell 5. affordable top quality kitchen and bathroom accessories 6. full project management 7. very competitive pricing and payment terms The growth during these past years shows the great acceptance of their products and service offerings in the market place both in Massachusetts and Connecticut. The company sells on a retail basis to home owners and contractors. The company also sells kitchen and bathroom accessories from ARTISAN, FRANKE, TOTO, PORCHER, HANSGROHE, ST. TOMAS, MOEN, and is also the exclusive distributor of SPA-technology faucets for eastern USA and Granite Shield (maintenance free life-time sealer) for New England.
General Information
Facilities: Two stores, one is a 2,000 square foot showroom. The other location is 30,000 square feet and consists of separate areas for tile, kitchen and bath, warehouse, and granite table top fabrication. Good parking. Approximately $100,000 of showroom fixtures and displays.
Competition: This is one of few "one stop shops". A remodel or buildout is controlled by the company from top to bottom.
Growth and Expansion: Wholesale a line of Spanish tile in the US. Expand on franchised granite sealing process within 150 miles of this business. Advertise and market!
Support/Training: As negotiated, but up to 4 weeks
Reason Selling: relocation to southern US.
Year Established: 2003
Employees: 8
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