Triangle Tile and Stone of North Carolina Sold
Triangle Tile and Stone of North Carolina, a Raleigh, NC-based company that is a market leader in high-end tile for consumers, designers, and the home building trades, has been sold to new owners, with the assistance of VR Business Brokers of Charlotte. Ross Garlington of Geo’s Marble and Granite, in Raleigh, purchased the business to expand their service offerings.
Triangle Tile & Stone of NC is a family-owned and operated ceramic, porcelain, and natural stone company that is dedicated to providing customers with exceptional service.
They hired VR Business Brokers of Charlotte to confidentially market their business for sale. VR found the buyer through extensive marketing efforts. Mark Herrmann and Adam Petricoff facilitated the transaction. James Easthom of Kennon Craver PLLC represented the seller.
Over the years, Triangle Tile and Stone had earned a reputation of providing the best customer service, product selection, and in-stock material not only in the Raleigh area, but throughout the Carolinas.
John and Kelli Naramore purchased an existing tile store in 2001 with the goal to provide the Triangle and surrounding areas with a beautiful showroom, knowledgeable staff, and quality products. With an emphasis on customer service and quality products, Triangle Tile & Stone of NC has become the leading showroom and tile supplier in the area.
“When Kelli & I decided to retire a little over two years ago, we started talking to numerous business brokers. When we meet with Mark & Adam we knew right then who we were going to trust our decision with,” said John Naramore.
“We closed on our business just 6 months later and know it wouldn’t have happened without the assistance of VR.”
Triangle Tile & Stone operates out of a beautiful 5,000 sq. ft. showroom, one of the largest of its kind in the Raleigh metropolitan area. Featuring everything from porcelain, handmade tiles, glass, cement, and natural stone tiles, Triangle Tile and Stone of NC offers the largest in-stock products buying directly from domestic and international tile manufacturers.
The buyer, Ross Garlington, is excited about the potential of adding the design team, showroom, and depth of resources of Triangle Tile & Stone to his service offerings for homeowners, builders, and the design trades. Their combined offerings make for a one-stop-shop for consumers and builders.
“Triangle Tile & Stone in Raleigh is the second business I purchased,” noted Ross.
“My experience with VR Business Brokers was far superior to my purchase of Geo’s Marble & Granite. VR helped facilitate every aspect of the transaction. The business was already pre-approved for a very favorable interest rate with Pinnacle Financial Partners. The transaction process of an SBA loan can be monotonous but whenever an issue arose, VR Business Brokers were eager and willing to help resolve the problem. Having been through this process a couple of times, I believe the superior service you receive from VR Business Brokers is the exception to the industry, not the norm. I will be using Mark and VR Brokers when it comes time to sell my business.”
The Naramore’s were equally as happy with the process.
“Adam and Mark’s professionalism and knowledge was invaluable. No doubt this would not have happened without their assistance,” noted Kelli Naramore. “Thank you Mark & Adam as our “pedal to the metal” is now going down the road to retirement!”
About VR Business Brokers of Charlotte
Managing Partner Adam Petricoff and a team of experienced business brokers who are all former business owners, operates VR Business Brokers is located in Charlotte, NC. VR specializes in providing intermediary services for buyers and sellers in the greater Charlotte and Southeast region. VR Mergers & Acquisitions has been helping business owners confidentially sell their business in the area since 1998 with hundreds of successful deals completed.