HUGE Price Drop- Landmark South Jersey Tile Co Inc Real Estate

Name: HUGE Price Drop- Landmark South Jersey Tile Co Inc Real Estate
Brand: Transworld Business Advisors
Price: 395000 USD
Availability: InStock

Listing Number: 64646-282034

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Listing Details

Price: $395,000

Location: Atlantic County, New Jersey

Down Payment: --
Sales: $2,768,343
Seller's Discretionary Earnings: $549,540
Inventory: $300,000
Furniture, Fixtures, and Equipment: $0
Rent: $4,582
Employees: 15
Year Established: 1972
Reason for Selling: Retirement

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For More Information About This Listing

Bob Reichardt

(610) 783-3555 Ext: 704 [email protected]

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Listing Agent: Tom Covello

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Business Description

This 50-year-old landmark well-known tile business is now the best value on the market in the tri-state area. The business list price of $395,000 includes a minimum of $300,000 in inventory. The real estate is now listed for $795,000 and was appraised in 2024 for over $1.2 million! The owners are ready to retire and are obviously motivated but will stay on for an extended period of time to help with the transition. The growth potential for this company is extremely strong with some young modernization energy and a sales focus shift to builders and contractors.

There would some seller financing available on the business side for fully qualified buyers.

Don't waste any time on this as it will go quickly. Please put an inquiry in or email Tom Covello at [email protected] for the NDA and all of the information.