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Specialty Tile & Marble Outlet Center, Retail/Wholesale

Fredericksburg, VA (Spotsylvania County)

Seller Financing Available
Specialty Tile & Marble Outlet Center, Retail/Wholesale
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Asking Price: $1,759,999

Cash Flow: $795,000

Gross Revenue: $2,000,000

EBITDA: N/A

FF&E: $50,000

Inventory: $200,000

Rent: $7,036.25 /Month

Established: 2005

Specialty Tile & Marble Outlet Center, Retail/Wholesale

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Business Description

Tile Outlet Center, Retail/Wholesale

Well established Tile & Marble business, with high repeat customer, and customer referral clientele. Business has maintained strong Revenues, and a solid Cash Flow for the owners, and with their training, for as long as necessary, it will continue to grow and prosper under a new Hands on Owner Operator. Could be run as an Absentee Ownership business, however, that could effect the profitability, as it does in any business. It could qualify for SBA Financing for a qualified buyer, and the sellers are willing to hold a small Note if required to get the deal done. This is an Outstanding Business Opportunity for a smart, hardworking, and creative individual or partnership.

Detailed Information

Location:
Fredericksburg, VA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
6,500
Lease Expiration:
11/30/2019
Employees:
2 FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
6,500 Square Feet with Total Current Monthly Rent of $7,036 (NNN), and a Lease Term till November 30, 2019. New Owner will Negotiate a New Lease with what ever Length Term they would like.
Competition:
No viable Competition in the Area.
Growth & Expansion:
Expanding the Products Offered, along with Growing the Online Sales. Expanding the Market Area served by Increasing the Marketing and Advertising.
Financing:
Negotiable
Support & Training:
Sellers will give 1 - 3 months of Training/Transition.
Reason for Selling:
Other Business Interests, and Retirement
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(from currently available funds)
 
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Gary Steven Russell

Business Listed By:
Gary Steven Russell

G. S. Russell Business Brokers and Advis

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