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Exclusive Tile Distributor
Location: United States
Industry: Wholesale and Distribution > Wholesale and Distribution




Business Summary

Exclusive Spanish & Italian Tile Distributor with 30%+ EBITDA Margin

Overview

- Value-added service covers full process, from design to delivery
- Nationwide salesforce in place developing new business with:
- Dealers throughout 12+ states
- Contractors and developers
- Architects and interior designers
- Homeowners and DIY enthusiasts
- 2 locations serving high-net-worth markets
- 3,157 customers YTD 11/30/21
- 1,300 SKUs
- Strong consumer following and customer reviews

Future Story

- Establish second distribution center to grow wholesale operation and increase topline revenue
by ~$1 million
- Independent sales headcount has been increased by 4 to support growth of wholesale
operation in 14 states
- Imported ceramic tiles made up 71.2% of U.S. tile consumption by volume in Q1 of 2021

Sustainability

- Approved supplier to top U.S. tile retailer with 300 outlets nationwide
- Long-term wholesale relationships with 200 retailers

Defensibility

- 37% of revenue from repeat customers
- Exclusive import agreements with Italian and Spanish suppliers


Financials

Asking Price Range:  $5.0M - $10.0M
Gross Revenues:   $6,400,000
Cash Flow:   $2,100,000
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2001
Number of Employees:  20 - 34
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned




Print Listing Id: 700372065
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