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Asking Price:	$695,000 USD USA Dollars
Business for Sale Industry:	Retail: Hardware Stores, Garden Centers
Reason for Selling:	Retirement & Family
Yearly Revenues:	$2,563,630
Yearly Cash Flow:	$247,088

Business for Sale Overview:

This outstanding regional discount carpet dealer is ideally located to serve the entire Central Gulf Coast region. The business has developed over the past several years the reputation as having the best prices in the area on all types of flooring. The financial performance and growth of the business is outstanding. The firm is fully staffed with well-trained employees and the company is the most technologically advanced flooring dealer in the area with seven networked computers and the latest industry software. Possible venues of expansion include additional products and additional locations in the Central Gulf Coast region. The 2008 year-to-date financial performance shows an increase in revenue and cash flow over the same period last year. The owner reports that difficult economic times, when customers are looking for savings, actually favor his business, as he has a regional reputation as the least expensive flooring dealer in the Central Gulf Coast. If you are interested in possibly acquiring this business, please don’t delay in entering into discussions as a business of this caliber and location with this financial performance will not be on the market for very long.

Property Features and Assets:

The company operates from modern and attractive facilities containing a showroom and offices that have convenient access to the major highways in the area. The rental rate is very reasonable and has approximately 3 years left on the term.

Market Competition and Expansion:

Moody’s Research Group recently predicted that the Mobile economy would have the fastest growth rate over the next 5 years of all 363 metro areas in America! Additionally, Mobile was named by Entrepreneur Magazine as the number one city in the U.S. to start or grow a business. The groundbreaking for the largest steel processing plant in the history of this country was recently held in Mobile County, and the company will employ 29,000 workers for a 5-year period during the construction phase. And other new industrial development announcements are being made monthly. It is an exciting time to be on the Alabama Gulf Coast. There is no recession here!

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for 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.