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Business for Sale Summary

Marble Business for Sale in Harris County, TX - 34722

Business Type: bldg materials/hardware/garden,construction building,construction heavy,construction special trades,home furniture/ furnishings,interior decorator/design,misc. manufacturing/non-classifiable,misc. retail/non-classifiable,mfg businesses
Marble Business for Sale in Harris County, TX
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Financial Information (non-confidential)

General Information
Asking Price $75,000 Down Payment $75,000
Gross Revenues $450,000 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View

Financing

$75,000 Down and

Business Description

Natural stone retailer for sale in Texas. Most recent owner has passed away unexpectedly earlier this year. His partner and the business accountant, passed away within one year prior. The family is selling this 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 financials. 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 ones passing. The business needs a new owner to contact it's customers and ramp this business back up. The asking price includes all FF&E which includes all equipment, 3 lift trucks and other items. This must be a CASH deal and an agreement upon closing that the family gets the wholesale percentage (negotiable) of the sale of the current inventory up to it's exhaustion. The new owner can obtain new inventory from the families representative who is the Marble supplier. The new owner would retain 100% of the revenue from that point forward. 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 so a lease is open to negotiation to a new owner. The new owner will receive the right of first refusal to purchase the property later. The building is 15,000 square feet. There are many opportunities to sublet the space this business has with local interested parties who have already inquired. This revenue would to the bottom line of the new owner. Owners are looking for a quick transition and any interested buyers should get in contact with the listing broker, Gary Meyn, at 210-912-0120

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

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.