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Business For Sale
RETAIL - #6035
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Asking Price: |
$400,000
USD USA Dollars
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Business for Sale Industry: |
Retail: Non-classifiable
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Reason for Selling:
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Retirement |
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Year Established:
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1989 |
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# of Employees:
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4 FT |
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Yearly Revenues:
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$864,000 |
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Yearly Cash Flow:
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$110,000 |
Business for Sale Overview:
Retail: Carpet, tile and flooring outlet for sale! Be your own boss, set your own hours, and own this profitable, quality business with a great local reputation. Located in North Central Ohio, this store has been in business for 18 years. They sell and install carpet, ceramic tile, vinyl flooring in sheet and squares, and both hardwood and laminate floors. In addition, they also offer a large selection of area rugs and remnants. Sales have grown considerably over the years to $864,000, providing the owner with consistent annual profits. They have the areas largest selection on in-stock floor coverings and a well-organized showroom. They have limited local competition, and customers would need to travel to other cities to realize similar savings and selection. Located on the busiest highway in the country, traffic count is high and rapid construction in the immediate area bodes very well for sustained future growth. The facility encompasses 23,540 square feet and is offered for sale separately, or rental cost would be $11,250 per month. The current owner wants to retire. He is willing to provide training and will sign a non-compete agreement. Perfect for the owner-operator. Current owner nets over $110,000.
Property Features and Assets:
Lease amount: $11,250 per month. Inventory: $278,000.
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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