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Business For Sale

Flooring Store

Providence Area, RI, USA

Retail: Non-classifiable

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$950,000
Not Disclosed
Not Disclosed
$188,760
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1984
9
53355383

Business for Sale Overview:

The Floor Store is located on a numbered road. It has been at this location since 1984. The warehouse is at a different location. The flooring store offers a variety of all types of flooring. The majority of the business is commercial accounts. 25-30% of the business is residential. 70-80% of the business is done over the phone. The showroom building is approximately 4,016 square feet. In this building is the showroom, Salespersons office and the owner’s office. This has on street parking only. The warehouse is approximately 4,425 square feet. It is used to store carpets and supplies. There is a loft and three offices in this building. On this property there are three in-ground oil tanks that may need to be removed. There is parking in front and back of the building. There are nine employees, which include a manager and installers. Most of the employees have been there for 10-20 years. There are some subcontract installers that are used for hardwood flooring. The owner works approximately 30 hours per week. He mainly oversees and may do some estimates. The hours of operation are Monday thru Friday 9 AM – 6 PM and Saturday 10AM – 3 PM. They are closed on Sunday.

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 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.
 

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