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Business For Sale
FLOOR COVERINGS RETAILER AND INTERIOR DESIGN
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Asking Price: |
$50,000
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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Sellers own 2 others companies and
would like to |
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Year Established:
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1994 |
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# of Employees:
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5 |
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Yearly Revenues:
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$1,139,163 |
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Yearly Net Profit:
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$294,126 |
Business for Sale Overview:
This company is in the business of providing flooring and other surface
products and interior design services. They have been established for 13
years and have a solid network of suppliers and sub-contractors. There is
one part time employee that does warehousing and receiving duties and 4
full time employees that manage the day-to-day operations of the
business. The sellers/owners of the business are passive.
Property Features and Assets:
The building was constructed in the last 5 years. The original lease was
for 3 years and expires September 30, 2009. The landlord would be
willing to enter into another long-term lease.
Market Competition and Expansion:
The market has slowed down from its high in 2006. This company is
positioned very well to be a major competitor when the construction
market rebounds and the demand increases. The price reflects a valuation
of fixed assets, an attractive showroom and lease, and a working system
of controls and procedures as well as a positive reputation in the
marketplace with both customers and sub-contractors.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner may be 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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