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Tile And Stone Fabrication And Installation Business For Sale



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The business was founded in 2008 by the current owners, but the inspiration for the business began decades earlier. After emigrating from Sicily, one of the owners founded a company that specialized in importing and distributing porcelain tile in the Tampa Bay metropolitan area. This company later transformed into the current business, which started as a small stone fabrication shop and has grown over time to be one of the largest and most reputable fabricators of tile, sinks and slabs in the region.

Although it was founded in 2008, the roots and inspiration for the business trace back more than 3 decades and span 2 generations. In a business where projects often total in the mid 5-figures, reputation and quality are paramount, which is what sets the business apart from its younger, and less reliable competitors.

Listed By: Omar Kettani

Background information

Reference:

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Year established:

2008

Reason selling:

The current owner is changing careers.

Finance

Sales:

$2,351,161

EBITDA:

$432,539

Operations

Employees:

6

Equipment:

N/A

Inventory:

Included in asking price

Premises

Facility:

The business is run out of two locations, a warehouse in Sarasota that is owned by the current owners and a showroom in Tampa. The company conducts business out of a 24,000 square foot warehouse and design center located on a 2.5 acre property in the gulf coast area. In addition to the warehouse and design studio, the business has a second location in Hillsborough County. This location house a 2,000 square foot showroom and design center located in a 2,000 square foot industrial complex.

Location:

Tampa, FL

Opportunities

Growth:

The business could achieve growth by offering services related to tile installation and maintenance, as they currently only offer these services for stone. Different materials could also be offered rather than just natural stone, quartz, and tile, including corian for countertops. Apart from this, it would also be lucrative to aggressively pursue more commercial projects, as the Tampa Bay area is currently seeing an increase in commercial construction projects that require tile and stone work for the interior and exterior of properties.

Price and terms

Price:

$1,150,000

Financing:

The current owners are willing to finance 10% of the transaction.

Training:

The owners are willing to stay on for up to 3 months to help introduce the buyer to key clientele, employees, main suppliers, and the inner workings of the stone and tile fabrication industry.