High-End Slab and Tile Retail Showroom On Slab Row In Dallas

Dallas, TX (Dallas County)

Elements Boutique
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Asking Price: $1,300,000

Cash Flow: $52,000

Gross Revenue: $2,201,005

EBITDA: $52,000

FF&E: $1,000,000

Inventory: $1,000,000

Rent: $19,000 /Month

Established: 2016

High-End Slab and Tile Retail Showroom On Slab Row In Dallas

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Business Description

High-End Showroom, $1MM+ in Leasehold Improvements

Elements is a high-end design showroom that carries products such as slabs, tile, and plumbing featuring more than 21 branded lines of tile. The showroom acts as a retail store, which creates an easy sales process for the end-user and allows them to come into the store and make selections. There is ample space for any design team to complete their selections. Additionally, the building houses a third-party tool store that generates $2K in monthly rent.

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Detailed Information

Location:
Dallas, TX
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
43,407
Lease Expiration:
10/31/2020
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Absolutely astonishing facility with $1M+ in buildout. Approximately 7,000 sq. ft. in interior showroom space with 37,000 sq. ft. warehouse. Interior space includes multiple conference tables, three individual offices, multiple workstations, and a conference room. Space also houses large, magnetic standup tile displays, large pull-out racks for tile flooring displays, built-out tile shelves for display of porcelain tile, and large standup slab display racks. Warehouse is fully equipped with four MacroAir fans and additional lighting.
Competition:
Lots of competition nearby on a thriving interior design street. Lots of driveby traffic of fabricators and end-users looking to make interior selections. Only facility in the area with slabs, tile and plumbing.
Growth & Expansion:
Easily replicable in other parts of the country.
Support & Training:
Willing to train for up to three months post-closing.
Reason for Selling:
Owner has two other larger companies, no time to work on this location
Business Website:
http://elements.design
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Business Listed By:
Vicki Dixon

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