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Asking Price$2,999,000
Revenue$4,942,464 Established1997
Cash Flow$749,741 Employees30 full-time
FF&E$822,898* FranchiseNo
Inventory$380,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This company, based in the Chattanooga, TN area, is a tile and countertop fabricator and installer with a large local market share. They are a strong company, achieving an average of $4.54MM in revenue between 2017-2019.  It is also an efficiently run business that produces a high level of income for the owner. The recasted seller discretionary earnings for 2019 was $749,741. Between 2017 & 2019, revenue increased 26% and seller earnings increased 162%.

They specialize in high-end residential homes. Their offerings include countertops, tile, kitchen/bath plumbing fixtures, & installation for all products, with most of their sales coming from remodel work from interior designers, direct to homeowners, and contractors.

Their strong reputation creates a large base of referrals or repeat customers and has gotten them work among some of Chattanooga's top design firms. Their experience and capability are strong with dozens of employees, most of which have been there for many years.

They also qualify as an opportunity zone business, which gives a potential buyer a unique opportunity to defer and eliminate some or all capital gains on the business, thus drastically increasing upside potential.

This company is currently a well-run company with loyal customers and talented and dedicated employees. Future growth for the company can be found in the commercial space. They have not pursued commercial work as they solidified their top place in Chattanooga's residential market. A new owner would be well positioned to start targeting the commercial market.
Growth Potential:Future growth for the company can be found in the commercial space. The seller has not pursued commercial work as they solidified their top place in Chattanooga’s residential market. A new owner would be well-positioned to start targeting the commercial market.
Training/Support:The owners, who are retiring, are willing to train and transition the purchaser for a mutually agreeable period following closing to ensure a smooth and seamless transition.
Sale Reason:Retirement
Ad #122105
Seller Reference #KNOXVTN002-N26
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Matteo Valles
865-964-7786
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