MergerPlace

Importer, Retail and Wholesaler

Florida (Miami-Dade)


  • Asking Price: $2,900,000
  • Gross Income: $2,349,632
  • Cash Flow: $469,526
  • Real Estate: Not Disclosed
  • Inventory: $2,000,000
  • FF&E: $20,000
  • Listing ID: #209418
  • Established: 1993
  • Employees: 6 FT

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.


Business Details

Primary Business Category: Wholesale Trade - Nondurable Goods
Location: Florida
County: Miami-Dade

Company Information

Year Established: 1993
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 6 FT

Financial Information

Asking Price: $2,900,000
Gross Revenue: $2,349,632
Cash Flow: $469,526
FF&E: $20,000
Inventory: $2,000,000
Seller Financing Available: Yes

Property Information

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.

Growth & expansion opportunities:

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.

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

Reason for selling:

Too many years in the industry, owner wants to retire.

Support & Training:

Will train for 4 weeks @ no cost Managerial and market knowledge which can be obtained with training.

Contact Business Seller

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Business Listed By:

Andy Fischer

Murphy Business Brokers