Tile & Stone Business For Sale

Westerly, RI (Washington County)

7,500 SQUARE FEET

Asking Price:$300,000

Cash Flow:$80,000

Gross Revenue:N/A

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Rate/Sq. Ft.:N/A

Established:1986

Tile & Stone Business For Sale

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Business Description

Make a move quickly, this store will not last. Be your own boss and make money doing what you love! Established (20 years) 7,500 square foot specialty Tile store located in the shoreline area of Westerly. This store has been rated in the top 10 out of 800 nicest tile showrooms in New England. This purchase includes a repeat high-end clientele, established builder base, customer data base, vendor/supplier database, a trusted name, established phone number, thousands of high-end well displayed samples, conference room, break area, refreshment station, two-2016 computers, Licensed 2017 Quickbooks program, HP Officejet Pro, RCA Digital phone system w/3 cordless handsets, Sound with Bose speakers, 2,500 square foot warehouse (on location), ample parking, high visibility (Post Road/Route 1). Ten 10 open rooms & 1 vignette. More of the rooms could easily be turned into vignettes.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
7,500
Lease Expiration:
N/A
Employees:
2
Facilities:
Leased units/same location for 20 years. 5 year lease required but may be negotiated with landlord.
Competition:
PRIME market area. No competition although there is a Home Depot within 2 miles of location but we have a drastically different clientele therefore not considered competition. Aside from that, the closest tile stores are one in South County and the other in Mystic, CT.
Growth & Expansion:
The area is comprised of local clients and also of people from out of state who have secondary homes here. The business would profit greatly by expanding the business hours to include Saturday and Sunday and also expanding the daily hours of operation. State-wide advertising would also be beneficial.
Support & Training:
Four (4) weeks training in Sales and Business Administration
Reason for Selling:
Retirement
Business Website:
http://www.renaissancetilegallery.com

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Business Listed By:
J. Von-Hughes

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