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Asking Price:	$95,000 USD USA Dollars
Business for Sale Industry:	Services: Construction, Contractors
Reason for Selling:	Relocation and partnership issues.
Year Established:	2007
# of Employees:	1 Part Time
Yearly Revenues:	$373,424

Business for Sale Overview:

This is a company that performs flooring sales and installation for residential and commercial properties. Approximately 70% of its customers are residential, while the rest 30% are commercial. It has continued relationships with several importers so it can obtain quality products from Turkey and India, and offer classic and luxurious floors at discount prices. The products sold include carpet, vinyl, hardwood, tile, marble, granite, granite countertops, slabs, and commercial VCT (vinyl composite tile) among others. This company started in February 2007 with its Grand Opening in April 2007. Since then, the company has appeared on Komo 4 TV as well as Star 101.5 radio. The owners have also advertised on the Internet as well as sent out flyers and postcards. This business has a nice showroom and warehouse, although 80% of the time the owners travel to meet the customers on-site to get bids and estimates. There is 1 part-time bookkeeper, and all the installation work is subcontracted out. Due to relocation and partnership issues, the owners are looking for someone to grow this company to the next level.

Property Features and Assets:

The company has a showroom and warehouse. Square footage: 2,200. Rent: $2,900. Hours of operation: 10am-3pm Tuesdays through Saturdays. Parking capacity: 20 shared. A 1997 Dodge Ram van and 1989 Ford Econoline box truck are included in the sale. Condition of the building is good, and the condition of all equipment, fixtures, and furniture is new and paid for.

Market Competition and Expansion:

Due to the relationships, this company has established with importers, wholesalers, designers, builders, and contractors, this company has a cost advantage over its competitors. The relationships developed and the low overhead have allowed this company to offer quality products at the lowest prices in the area. The goodwill the owners have developed has generated much referrals and repeat business. The owners have done very well since the start of this company, and it needs someone with more energy and drive to continue its growth. An increased focus on marketing and financial management is what this company needs to experience growing revenues and profits.

Additional Details:

• The property is leased.
• The owner may be 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.