NEW Lower Price! Freestanding Retail Building on Busy Street - Includes the Tile Business AND Two Parcels!
Business and Property Description
Back in 1990, a father had a dream of wanting to do whatever he could to make his two sons successful. There was a tile retail store for sale and the boys had a passion for success. It didn’t take much to convince their father to support them in this endeavor and they never looked back. 30 years later and these two young bucks are now grown accomplished men with a successful retail tile company. They have seen others come and go, they have survived the ups and downs of the economy in the past 30 years and they still stand strong.
Their numbers have been remarkably steady and they have made a truly good living. They own the building and the land as well. They have and maintain a very healthy robust customer base as you can imagine through the years and that comes along with the purchase. This could be a tile contractor’s dream right in front of them.
The customer base is homeowners and contractors. Many homeowners come in knowing what they want but no one to install it. They rely heavily on the sellers for referrals. If a buyer was a contractor, it would be extra money to add to the bottom line.
We are selling the business and the real estate that includes two parcels. One of the parcels has the main building and most of the land square footage at 0.39 acres with a 4,959 square foot building. The other parcel is 0.19 acres and includes the private off-street parking lot. The building is two story with the store occupying the bottom level. The second level has the option of a separate entrance or can be accessed through the store. It is a completely built out 2,400 SF foot apartment inclusive of washer and dryer hook ups. Currently the sellers only rent out a small portion to someone for storage, but it could easily be additional revenue as a residential apartment or another business. The income potential on this property is phenomenal.
The sellers are now ready to pass the baton to maybe a new family. The store and property have been good to them, now let it be good to you as well. The package is priced at just below market to make it attractive to the right buyer. We have tentative SBA approval through Timberland bank for a qualified buyer. Let’s get you in to look and let’s have a conversation. Don’t miss out on the next 30 years.
Parcels: #0320333200 / #0320333201
The Title for this property is open at Rainier Title, Gig Harbor/ File #761381RT
** Please do not disturb the tenant - call us at (253) 509-0449 to schedule a
tour of the property with the listing agent **
The retail business is also available for purchase without the real estate for $198,000. For more information visit our Retail Tile Company Listing
Building: 4,959 SF
Lot size: 0.58 Acres
Gross Income: $883,472
Cash Flow: $164, 461
30,000 + cars pass by on a daily average
Contact us to find out more