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Business For Sale
APPOINTMENT ONLY CARPET BUSINESS. LIFESTYLE.
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Asking Price: |
$99,000
USD USA Dollars
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Business for Sale Industry: |
Retail: Home Furniture & Furnishings
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Reason for Selling:
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retirement |
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Year Established:
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2002 |
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# of Employees:
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4 |
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Yearly Revenues:
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$296,000 |
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Yearly Cash Flow:
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$70,000 |
Business for Sale Overview:
This carpet business is located in a fast growing area and offers an excellent combination of sales and installation services. Business has been growing rapidly except for the softness due to construction slowdown in 2006. This company has a good mix of commercial and contract clients including some large accounts such as NEC, Galleria Mall, and Oakdale).
Until 2004, the company's business was completely warehouse driven. In 2005, the owners added retail storefront and reduced their participation in this business by adding a full time employee at a cost of approximately $25,000. This did not workout and the owner fired the employee and back to running the business as a warehouse based operation.
The purchase price includes $10,000 dollars in floor samples, $10,000 in equipment.
An owner/operator would have generated cash flow of about $70,000 in 2006. At the current business level 2007 cash flow is for a owner/operator is expected to be about $80,000. This business is ideal for a self driven energetic owner/operator. It can also be a life style business or low maintainance investment opportunity for a non-operator owner.
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.
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