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EXECUTIVE SUMMARY
PBG Reference No.: S520

TILE AND INSTALLATION

We are pleased to present this business opportunity for your review. Premier Business Group, Ltd. is one of the leading business brokerage firms in the Midwest. We specialize in representing manufacturing, distribution and service companies in the divestiture process. The Seller pays our fees; there is no monetary obligation to prospective purchasers. Premiers' expertise includes assisting in structuring the transaction and financing. We encourage you to make an appointment with the broker listed on this offering to discuss your needs, to obtain further information regarding the company you are inquiring about, and to receive information on other companies that may be of interest.

This tile sales and installation business is located in the Chicago Metropolitan area. The company sells and installs hard surfaces. They currently offer ceramic, porcelain, marble, slate, mosaics, & quarry. They offer a wide variety of products to serve both the residential and commercial customers. The services they offer include: designing the tile project, installation, or consulting with the client that wants to install it themselves.

The company also installs floors, walls & decks for bathrooms, kitchens, foyers, and fireplaces. They serve both the home owner that wants to remodel a bathroom as well as residential and commercial contractors. They proudly state, "No job is too big or too small." They are committed to providing a wide selection and quality installation. They will assist the client to design their tile project, whether they want to purchase and install it themselves or have the company install it for them.

The company is well established and is located on a busy highway in a fully occupied strip mall. There is high visibility, heavy traffic, and ample parking, making this an ideal location.

The company is on target to generate sales topping $1.2m this year. At the same time there is a vast potential for growth. By adding other flooring products such as carpet, vinyl, hardwoods, laminates, etc. the sales revenues generated could easily triple in size. In addition, window treatments, cabinets and plumbing fixtures could also add to the bottom line. The company employs certified installers for NUHEAT floor warming systems.

Based on profit margin; experience and tenure of employees, and the stability and reputation of the company makes this an attractive acquisition.

FINANCIAL HIGHLIGHTS

  2007 2006 2005 2004
SALES $   998,835 $1,070,879 $1,168,251 $1,189,480
EBITDAS*
(Adjusted Net)
$   222,811 $   293,366 $   341,654 $   346,109

* Earnings before Interest, Taxes, Depreciation, Amortization, and Owners Salary.

DEAL STRUCTURE

Price: $425,000

All furniture fixtures and equipment used in the business will be included in the sale, free and clear of all liens. A list of the major items is included in the full profile on this company.

INFORMATION SUMMARY

  • Location: Chicago Metropolitan Area
  • Established: 1989
  • Ownership: " S " Corp
  • Facilities: 2500 sq. ft. Store - located in a strip mall
  • Rent: Base Rent $1875.00 - CMA $190 Taxes $329 Monthly
  • Lease: Expires March 2007 currently working on new lease.
  • Employee: Owner and 8 non-union employees
  • Hours of operation: M-Tue 9-6, Wed-Th 9-8, Fri 9-5, Sat 9-4
  • Reason for Sale: Retirement
  • Training: As needed for a smooth transition

MARKETING AGENT

Premier Business Group, Ltd.
1130 Lake Cook Road, Suite 210,
Buffalo Grove, IL 60089
847/465-9000

This information is provided for discussion purposes only. No representation is made by Broker as to the accuracy of the information provided or any other information supplied. Broker encourages the Prospect to thoroughly review and independently verify to his own satisfaction that the information provided is substantially representative of the business activity.

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Premier Business Group represents manufacturing, distribution, and service companies with annual revenues in the $1-30 million range whose businesses are for sale.

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