Kitchen, Bath & Home Tile Store with Stunning Showrooms - #RT1315

Located in High-Traffic South Shore Location

 

Asking Price:  $379,500

Gross Revenue:  $850,000

Cash Flow:  $175,256

FF & E:  $25,000 (Est.)

Inventory:  Included in the asking price.

 

Summary: In business for almost 20 years, this premium dealer of tiles for bathroom, kitchen and home is a well-known and trusted supplier to the South Shore and Greater Boston communities selling its broad line of higher-end tiles to homeowners, interior designers and contractors. They have a well-deserved reputation for providing the finest design services to their customers and additionally have great working relationships with many local major appliance showrooms and kitchen cabinet stores. Sales are approximately 60% to consumers, 30% to contractors, and 10% to designers.

 

Facility: This attractive 2,500 SF facility is located on a busy South Shore highway and presents an inviting storefront to the local traffic.  The facility’s many beautiful and functional display areas show off the numerous tile products offered and gives ideas and inspiration to the customers. There is an additional separate warehouse nearby utilized for supplies storage. Rent for both facilities totals $5,900 per month. A new lease can be written for an extended period as desired.

 

Furniture, Fixtures, Equipment and Inventory: Price includes all Product Showroom Displays, Tables, Seating, Fixtures, Fork Lift Truck and approximately $5 - $10,000 of Inventory (grout, thresholds, etc.)

 

Staff: In addition to the full-time owner/manager, there are two part-time sales people, one part-time warehouse person and one part-time bookkeeper.

 

Hours: Open Mon. thru Fri., 9:00 AM to 5:00 PM, M_F, 10:00 to 3 PM Sat., and closed Sun.

 

 

The Seller has provided this business information. The broker does not certify or warranty this information.

 

Call Bob Karlis, Business Broker, at 781.783.6998 or email to bkarlis@cabotbb.com for more information.