Well Known Metro NY Tile and Stone Fabricator & Installer

Manhattan, NY (New York County)

Seller Financing Available
Well Known Metro NY Tile and Stone Fabricator & Installer

Asking Price:$1,500,000

Cash Flow:$600,000

Gross Revenue:$4,200,000

EBITDA:N/A

FF&E:$125,000

Inventory:$175,000

Established:1988

Well Known Metro NY Tile and Stone Fabricator & Installer

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Business Description

The most beautiful Showroom in Manhattan !

WELL KNOWN METRO NY TILE AND STONE FABRICATOR & INSTALLER WITH VERY IMPRESSIVE LIST OF CLIENTS.

tile and stone business with great opportunity for growth. Excellent reputation with both its recurring and newly acquired customer base for the offering of products and the ability to service the clients through specifications of materials, design concepts, custom fabrication of stone, and installation.

Products & Services Include:

· Leading tile and stone products from top-line brands

· Natural stone products including marble, quartzite, onyx, granite, limestone, travertine, etc. coming from a global vendor base.

· Quartz products from all the leading brands including Caesarstone, Silestone, Cambria, One Quartz, Pental Quartz, etc.

· Custom countertops, vanity tops, fireplaces and all other custom applications of stone.

· Materials required in the installation of tile and stone from leading brands such as Laticrete International

· Installation of tile and stone.

This company has and maintains long standing relationships with the top general contractors, designers and architects.

Commercial revenue generated through accounts with several property management companies and building developers that own or manage portfolios of apartment units throughout the boroughs. This revenue stream provides the company with recurring revenue and significant monthly cash flow. The sales consist of product only, combination of products and countertop installations, and full service supply and install.

Project revenue generated through solicited bids from the top general contractors and building developers. Proposals are requested by established customer base, from general contractors bidding on projects where company is an approved vendor, and from business development opportunities. Projects consist of supply only, supply and install, or install only contracts. Company infrastructure can handle multiple large projects throughout the year resulting in healthy margins and steady workflow.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Employees:
22
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Monthly Rent: $ 23,500 Facilities: WELL KNOWN METRO NY TILE AND STONE FABRICATOR & INSTALLER WITH VERY IMPRESSIVE LIST OF CLIENTS. Ability to service clients on projects of all sizes, from ground up development of multi-residential units to small home renovations. In-house fabrication capabilities are performed at this company’s manufacturing and warehouse facility giving the company control over the supply and installation of its projects. The facility located in Queens is easily accessible to all major highways. At the facility, the operations team ensures the quality of custom fabrication production and the logistics team schedules all product deliveries and installations. The company’s skilled and experienced staff is essential to providing the quality and service our customers expect. Management ensures optimal usage of raw materials and inventories excess waste for utilization in future projects
Competition:
LIMITED
Growth & Expansion:
UNLIMITED
Financing:
NEGOTIABLE
Support & Training:
COMPLETE TRAINING AND SUPPORT INCLUDED
Reason for Selling:
RETIREMENT

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MEL LISITEN

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MEL LISITEN

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