|Financial Information (non-confidential)
||Owner’s Cash Flow
Financing: $1,200,000.00 Down and TBD
Reason for Selling:retiring
This forty-year-old wholesale tile and distribution business is located on one of the busiest routes in New Jersey. Three brothers own it, and they are now too old to run it. The youngest one is willing to stay with a new buyer, and is willing to give him 50% of partnership until a new buyer is fully conversant and equipped with the running of the business.
The business has a huge list of retail clientele, who have been with this wholesale tile business for over thirty years.
Its name is well-respected and highly-recognized in the tile industry. For a new buyer, this is a once-in-a-lifetime opportunity to own and run this business.
Its monthly gross sale is over $400,000 a month. The paperwork is meticulously maintained under the guidance of the rules of accounting. Inventory is worth 3 million, which is included in the asking price.
Seller is willing to finance. Sellers' net cash flow, after paying all the expenses, is $400,000 a year.
Proof of funds is a must. Call 1-877-735-5224 for more information.
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