Importer, Retail and Wholesaler of Natural Stone

Miami-Dade County, FL

Seller Financing Available
Importer, Retail and Wholesaler of Natural Stone
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Asking Price: Get Financing: $2,900,000

Cash Flow: $469,526

Gross Revenue: $2,349,632

EBITDA: N/A

FF&E: $20,000

Inventory: $2,000,000

Established: 1993

Importer, Retail and Wholesaler of Natural Stone

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Business Description

Natural stone retail and wholesale business established 25 years ago. The business offers a wide variety of stone products such as: travertine, marble, granite, limestone, onyx, etc., imported from 20 suppliers around the world. Well known among architects, designers and developers for their high quality and wide variety of products. The business is located in the best location for the flooring industry in Miami. Owner has slowed down on his efforts to grow the business, a fresh new owner can improve sales. Seller will stay for an effective transition. Price includes $2 million in inventory.

Detailed Information

Inventory:
Included in asking price
Employees:
6 FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business operates from two locations located across the street. One of the buildings is owned by the Seller (10,000 sq ft) it has an ample showroom, office space and warehouse space and the other has been rented for more than 20 years (12,000 sq ft) and it is used as a warehouse.
Competition:
There are other businesses importing these type of products. However there are only 3 others that handle the amount of inventory as this business
Growth & Expansion:
After 25 years in the industry the owner has lost the energy and passion. The business has a strong growth potential. New blood, a focus in marketing, incorporating an outside sales force and incorporating new related products such as porcelain tiles and kitchen and bathroom fixtures.
Financing:
$2,700,000 down/$200k for 12 mos. @ 6%.
Support & Training:
Will train for 4 weeks @ $0 cost. Managerial and market knowledge which can be obtained with training.
Reason for Selling:
Too many years in the industry, owner wants to retire.
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Andy Fischer

Business Listed By:
Andy Fischer

Murphy Business & Financial Corporation

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