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Business For Sale
FLOORING,KITCHEN SHOWROOM,INSTALLATION
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Asking Price: |
$349,000
USD USA Dollars
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Business for Sale Industry: |
Services: Non-classifiable
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Reason for Selling:
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Relocation |
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Year Established:
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2001 |
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# of Employees:
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6 |
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Yearly Revenues:
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$729,000 |
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Yearly Cash Flow:
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$195,000 |
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Yearly Net Profit:
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$215,000 |
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Monthly Payroll:
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$3,000 |
Business for Sale Overview:
Flooring,Kitchen showroom with installation.Sales are up almost 100% 2006vs. 2005! 2007 sales are way up again! This is a business located in rural Northeastern PA,servicing homeowners that are flocking to the area since 911.Pike and Wayne City. PA have seen their populations triple in 15 years!People have either relocated or bought nice weekend and summer homes here.This savvy operator specializes in unique high end flooring products,kitchen products,hearth and stone.Business has its' own installers.Owners do NOT install what they sell. Further in spite of Lowe's and Home Depot this business is thriving!They have higher end products and exclusive distributorships that enable them to offer unique products and service!
Property Features and Assets:
Property is a building of 1300 sq. ft. of showroom on the main level and offices on the second level. Ample parking and commercially recognized zoning make this 1/2 acre property very appealing.It is not included in the price. Right on major thoroughfare!
Market Competition and Expansion:
The usual Lowe's and Home Depot.Both are approximately 20 miles away. 0The same poor service and repetitive selection enable high end operators like this one to continue to grow rapidly and earn margins of 60% or better!
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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