Niche
Market Tile/Flooring Sales
Acquisition Opportunity
– Washington, DC Metro Area
Established company with valuable
preferred-supplier status to major players in the hospitality industry. Company is efficiently operated with minimal
employees and low overhead. Good
opportunity for an existing supplier to create a quick and profitable expansion
into this market.
The Company distributes
tile to over 30 states and countries.
The company distributes ceramic and porcelain tiles, almost exclusively
to the hospitality industry.
The
existing management for the distribution and retail company would both like to
stay with the company. The existing
management runs the company, as the seller is absentee.
The Company is seeking to sell the distribution
and retail part of the business which is located in the Mid Atlantic area. Adding sales staff and increasing the
marketing budget will leverage the existing assets of the company to capture
additional sales and profits.
*EBITDA reduction due to
a one-off bad debt expense. Customer has
been retained on a cash basis.
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Other
Highlights |
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Financials |
Management Team in Place |
Years in Business |
SIC |
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Reviewed |
Yes |
15+ |
174301 |
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