Business Overview:
This established business has an excellent reputation in providing services to custom builders in an area that is experiencing growth in new home construction, existing home owners who are renovating and upgrading their homes, and commercial establishments. The owners have successfully operated this business for 40 years. Most of the business comes from repeat customers and referrals.
Seventy-five percent (75%) of revenue is generated from the sale of flooring to residential customers and new home builders and twenty-five percent (25%) to commercial customers. Carpet, vinyl and hardwood flooring are the products in most demand.
Installation of the flooring is sub-contracted out. The main installer has worked exclusively for the owners since 1992. He installs carpet, vinyl, hardwood, vinyl composition tile, and Dura-Ceramic flooring for commercial and residential customers. The installation of ceramic tile and hardwood flooring is sub-contracted out to other installers.
The business has experienced strong sales and profits for the last several years and continues to forecast strong demand in the future. The business includes an adequate inventory of all types of flooring as well as delivery/service trucks, tow motor, cutting machine, racking etc.
The owners would be willing to lease the current building to a new owner for an extended period of time for a favorable lease rate.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Retiring
Additional Details:
- The property is leased.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.