Under new ownership, the $6,000,000 revenue projection is achievable. This 60+ year-old Company has the capability to manufacture tiles, pots, and planters. The firm has successfully branded its customization look, and has been able to leverage reputation and success in into a broad segment of proprietary tile lines. To ensure efficient operations, the Company s customer database, inventory management, and sales systems are completely integrated.
The manufacturing facility comprises 70,000 square feet and spans across 6 acres. It is located within minutes of five major freeways in an excellent area for distribution. The Company has excellent lease terms for the next 15 years. More specifically, given the current facility and equipment capabilities the manufacturing plant can accommodate revenue levels in excess of $20 million. The Company s equipment replacement value is approximately $10 million.
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