Marble Floor Cleaner, Marbles Top Nightstand Off The Market for a Big Profit

Bloomberg — Marble floor cleaner and marbles top night stand off the market for a big profit, Bloomberg reported Monday.

The company that owns the furniture, which was listed in April, said the sale of the furniture was contingent on a number of conditions being met.

The sale of Marble Floors Top Night stands was contingent upon the company receiving approval from the U.S. Treasury Department to list the property under an offshore company, Marble Floor Solutions LLC, and that Marble Floormans Top Night stand would be sold at a price that reflects the fair market value of Marble Floor cleaners products.

In addition, Marble Floor Solutions LLC and Marble Floor were required to complete the divestiture plan by October 26, 2020.

“Marble Floors is pleased to announce it has agreed to sell Marble Floors Top Night Stand at a fair market price of $1.1 million, or $9,250 per item, to be completed by the end of the month,” the company said in a statement.

“The Marble Floer Floor Solutions group intends to complete its divestiture by the close of business on October 26.”

The marble floor cleaners are sold at prices starting at $9.25 per piece, according to the company’s website.

Marble Floers has been in the furniture business for more than 70 years.

The marble floors were a fixture of the 1940s-1950s period, when furniture makers like John and Jane’s Marble and the Marlboro Group manufactured the furniture.

The Marlboros top night stands were also the first furniture made of marble, according the company.

Marble Floor said in February that it would shut down its Marlmoros brand, which includes the marble floors, following a restructuring that was completed in May.

The firm had estimated that it had approximately 1,400 marble floors in its warehouse in Brooklyn.

In May, Marble reported a net loss of $26 million for the quarter ended June 30, 2017.

The stock was up 1.4% to $1,255.84 at 9:19 a.m. in New York.