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Top Wholesaler Of Home Products - Absentee Owners For Sale

Maryland
Asking Price:
$699,000
Sales Revenue:
$1,265,573
Cash Flow:
$302,579

A well-established wholesaler/Distributor of gorgeous mosaic & glass tile to both retailers & suppliers (B2B) at fair prices to both! Buyers will find a complete selection of unique and exclusive glass pool tile, glass tile mosaics, glass subway tile and more. Whether you're creating a new kitchen backsplash with a popular retro feel, renovating your bathroom or letting your inner crafter out, you'll find it here. They offer Italian inspired designs of glass tiles at very fair prices. This company has long standing relationships with overseas manufacturers, negotiates the lowest possible rates by buying enormous quantities. However, excellence is never sacrificed for price. Buyers only find high quality glass tiles, gems, beads and stones with no minimum and no hidden fees. Finally, they have a very robust internet presence which allows them to sell products at better rates to the public. Very efficient operation. Owners are absentee. Don’t miss it!

Property information

Real Estate:

Lease

Premises Details:

Very spacious 6,936 sq/ft storage facility with high ceilings to accommodate multi-level storage needs. Loading dock available. Current rent: $5,200/mo in total rent. Current lease expires on March 31, 2022. No current option to renew yet however, it can be negotiated with the landlord.

Business Operation

Expansion Potential:

1. Further aid growing marketplaces by facilitating their new product initiatives/areas of growth – being their “go to” supplier. 2. Partner with local contractors and builders – huge potential!

Competition / Market:

Top quality products at very low prices due to purchasing power of the company.

Reasons for selling:

Other interests

Trading hours:

M-F from 8:00am – 5:00pm

Employees:
6
Years established:
2002

Other Information

Support & training:

2 weeks

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

SBA financing available with 25% down-payment

Inventory / Stock value:
$336,500

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