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Business For Sale

Busy Floor Covering Retailer

South, MS, USA

Retail: Home Furniture & Furnishings

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$1,250,000
$3,500,000
Not Disclosed
$350000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1985
40
52998432
Owner Financing is Available

Business for Sale Overview:

This business was affected by Hurricane Katrina in a very positive way. All of the flooded and destroyed homes and businesses are needing new flooring. This flooring company has been established over 22 years. This company is primarily commercial flooring 80% with residential flooring 20%. Profits are climbing for this company and are verifiable. Owner is in his 70's and feels someone could benefit from growing the company through hurricane Katrina. The real estate valued at $1.3MM is available for purchase or lease. Real Estate is being offered by Sunbelt Realty, W. Ward Wicht, Broker. This listing is by Sunbelt offices in Biloxi and Hattiesburg which cover primarily South Mississippi. Cities covered include Gulfport, Biloxi, Pascagoula, Bay St. Louis, Hattiesburg, and Laurel, Mississippi. For a complete list of companies available in South Mississippi,view the local website at SunbeltMS.com. Biloxi-Gulfport-Pascagoula was named "The South's Top Mid-Sized Market" by Southern Business and Development Magazine. Listed in 2000 Forbes Top 100 Places to Do Business and Money Magazines "Best Places to Live" surveys.

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:

Retirement

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.

Resources:

 

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