Owner Financing is Available
Business Overview:
This Company is one of the largest flooring and installation Companies in the region, serving a trade market of approximately 450,000 residents located within a 150 mile radius. The Company offers all types of flooring including carpet, wood, tile, vinyl, laminate and more. Carrying several lines from several vendors, the Company is a large dealer with one vendor in particular, to take advantage of strong pricing points. While the majority of the business is with retail customers in existing homes, the owners report approximately ten percent of their business is with the building trade for new homes. Although the Company does some business with commercial accounts, the majority of their business is in residential flooring. The Company is very well located on a high traffic arterial street. The building is a large retail and show center with a 4,000 square foot warehouse.
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.
Property Features and Assets:
This spacious building in an excellent location has a third party appraisal on it for $1,400,000 plus, and is included in the sale. Building is completely set up for the flooring business with ample showroom and warehouse space and plenty of parking. The building is located in an excellent retail location on a high-traffic street.
Support/Training: Owner will stay and train new owner in all facets of the business.
Market Competition and Expansion:
Competition: Business has been in place for several years under the current ownership and management and is one of the leading flooring companies in the region. There are several other flooring companies in the region, however the Company has carved out an excellent niche in the marketplace through competitive pricing, strong marketing and servicing existing residential customers throughout the region.
Growth and Expansion: Owner has done very well pursuing existing residential markets. New owner could continue to pursue further marketing in this area, and also branch out into the commercial and new home building markets.
Reason for Selling:
Other interests.
Additional Details:
- The property is owned.
- The owner is 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.