Tile and Stone Fabrication and Installation Business
$1,150,000
Hillsborough County, FL
Gross Revenue
$2,351,161
Owner's Cash Flow
$434,996
Min Down Payment
$115,000
Employees
6 FT
Business Summary
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.
Key Highlights
Year established
2008
Real estate
Owned will sell
Real estate asking price
$4,200,000
Reason for selling
After successfully operating and growing the business for more than a decade, the owners are looking to pursue other ventures in the Italian Food and Wine business.
Support and training
The owners are willing to stay on for up to 3 months to help with the transition.
Broker of Record
Jon Nesbitt, FL License #3293538
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Consolidated Cashflow
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Gross Revenue | $4,016 | $5,064 | $9,326 |
| COGS | $5,725 | $6,968 | $5,749 |
| Gross Income | ($1,709) | ($1,904) | $3,577 |
| Operating Expenses | $1,361 | $4,291 | $2,826 |
| Operating Incomes | ($3,070) | ($6,195) | $751 |
| Net Other Income (Expenses) | ($9,041) | ($7,312) | ($7,281) |
| Net Income | ($12,111) | ($13,507) | ($6,530) |
| Interest | $3,886 | $9,896 | $7,852 |
| Depreciation | $5,570 | $4,515 | $3,523 |
| Amortization | $1,576 | $7,872 | $7,006 |
| EBITDA | ($1,079) | $8,776 | $11,851 |
| Add-backs | $71,188 | $55,606 | $52,504 |
| Owner's Cash Flow | $70,109 | $64,382 | $64,355 |
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Projected Free Cash Flow
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