Business for Sale Overview:
This long established retail flooring store is operated from a 7,200 square ft. leased location in Colorado Springs and provides a wide variety of new carpet, laminate and vinyl flooring products for residential and commercial use. The business has developed a loyal clientele and approximately 55% of their business is repeat customers including property managers, multi-unit investors, and home flippers. The concept of the store is to provide great pricing on in-stock products that customers can have installed quickly. They do not sell from samples but have the products on hand. They can special order any other flooring item if not in stock and turn-around time is usually relatively short. They are known for quality products at reasonable prices.
This business was established over 15 years ago and has been operating in the same location ever since. Because of their reputation for quality products and extremely fair prices, they have a very loyal customer base.
5 year weighted average Seller's Discretionary Earnings $87,095
Price to be suggested by Purchaser.
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.
Market Competition and Expansion:
This is an excellent opportunity for an individual or couple that enjoys working with people. Retail flooring is a product that every homeowner, investor, as well as property manager needs at some point and being able to offer your clients a quality product along a variety of price points makes it even more attractive. Potential exists to open a second location could be opened if desired.
Reason for Selling:
Owner is retiring
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.