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Tile Company - Two Coastal Branches for Sale in Coastal, South Carolina

Reference #: 1123
Location: Coastal, South Carolina
Price: $930,000
Amount Down: $930,000
Revenues: $2,039,111
Discretionary Earnings: $339,078
Total Assets: $184,256
Business Description:

This established tile company has two stores located within two of the fastest growing markets in South Carolina.   One store boasts to be the only full service tile outlet in the area while the other is a premier store in its location.  Established for over 30 years, the stores offer the entire range of tile products from affordable ceramic to luxurious marble.  Both stores have show rooms with extensive selections of tile including travertine, marble, glass, slate, granite, ceramic and porcelain.  One of the stores also offers hardwood flooring for sale. The other is located in a design center along with a cabinet store and a flooring store that sells flooring other than tile.  The company maintains a computerized network system with a server that the owner can access offsite.  Sale includes one vehicle and two forklifts.   Remodeling, commercial and new home construction continue to drive the tile business.    Opportunities for growth potential include offering installation services as well as growth by opening new branches in surrounding underserved areas.   


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The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business.