Marble Business for Sale in Harris County, TX - 34722

Financing

$75,000 Down and

Business Description

Natural stone retailer for sale in Texas. Most recent owner passed away unexpectedly in Spring of 2022. His partner and the business accountant, passed away within one year prior. The family is selling this formerly successful and well known supplier of natural stone as they cannot run the business themselves. This business provides natural stone & tile for flooring, counter tops, decorative items and more. Since both partners have passed, the family does not have access to a good history of finances. The remaining partner operated by appointment only with his many customers over the last few years. The family sold over $350,000 in one month after their loved one passed in the Spring of 2022. The business needs a new owner to contact its past customers and re-start this business. As of May, 2023 there is $125K (Wholesale) worth of inventory on site. The asking price of $75K includes all FF&E which includes all equipment, 2 lift trucks, racks and other items. The family seeks to sell the business with an option for the real estate and building in a separate transaction from the business. The business side sale must be a CASH deal (this business in not financeable) and an agreement upon closing that the family gets the wholesale percentage (negotiable) of the sale of the current inventory up to its exhaustion. The new owner can obtain their own new inventory as needed and retain 100% of those sales. There is an option of paying $125K for all the inventory which would also include the FF&E items and equipment. This business historically did about $200k-300k per month in revenue when fully operational. The business has been established for 19 years. The family owns the property which can be purchased in a separate deal directly with the family or a lease for the property can be negotiated. The building is 15,000 square feet and is equipped with 3 phase electrical to add fabricating machinery for a new owner which would add an additional revenue source to this business. Take this business to LOI / Due Diligence now to discuss details. All reasonable offers will be considered. Interested buyers should contact the listing broker, Gary Meyn, at 210-912-0120.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.