Tuesday, 13 February 2018

HIGHEST QUALITY and PROFITABLE TILE DISTRIBUTOR (Mid Atlantic US)



Business Description:  This 40 plus year old tile distributor sells its ceramic and porcelain tile to all the installers and contractors within a one hundred mile radius.  This is a loyal customer base as the company is known for its high quality product and knowledgeable employees.  Job problems of the installers can be solved before they leave the warehouse due to the strong tile knowledge of the company’s employees.  The company distributes a diverse line and has the largest selection of ceramic and porcelain tiles, glass tile, decorative pieces accessories and installation supplies

Distribution: The company carries all the major manufacturers both in the U.S. and abroad.
With a reasonable inventory they are able to deliver overnight for most brands.  Otherwise it is
a one week backlog.  The company’s warehouse is astride the five major Interstate Highways that go to Philadelphia, New York City, Boston, Baltimore, and Washington and is surrounded by three major shopping malls.

Operational Strengths:  
The Company is recognized as THE quality distributor in its area of operation.  It sells all the major brands of tile and is the exclusive distributor in its area of a particular quality tile that is thinner than the normal tile but far stronger than the normal tile all the companies are using.  Its employees are all “tile men” in that they are all former installers or were employed in the tile industry.  They therefore are a fountain  of knowledge for their customers who have a problem in installation to overcome.

The Transaction: The President and Owner is the sole shareholder.  He is selling all of his stock in the  company and wants to continue to lead the company for a reasonable time into the future.  He will consider reasonable alternative deal structures.  After a transition time he will retire.  He is a motivated seller.

Financial Summary

2016 Est by Seller
2015
2014
2013
Revenue
$2.5M
$2.3M
$2.1M
$2.3M
Adjusted EBITDA
$418K
$390K
$288K
$280K

Other Highlights
Location
Financials
Management Team in Place
Years in Business
SIC Classification
Mid Atlantic
Reviewed
Yes
40+
5032-0302






Direct All Inquiries to:

Gottesman Company
Refer to:  S-1850 WJD
Tel: 212-330-8010     Fax: 646-434-4557
                                       Email: office@gottesman-company.com