Owner Financing is Available!
Business Overview:
Since 1985 this company has been a large, stable, and reliable source of cash flow for its owner. For more than two decades the business has developed an abundance of positive attributes, which all point to a highly successful company with great competitive advantages. The traits which make the business successful are many, therefore, highlighted below are some of the key points: The business owns its land and building, encompassing Class A property and finish-out, and is 100% occupied, supplementing the owner with a lucrative tenant derived revenue stream. The purchaser of this business will be able to continue to lease portions of this building to tenants and enjoy passive revenue inflow just as the current owner. In addition to tenant income, the flooring services offer both a profitable and diversified mix, which compliment each other, including three streams of revenue sourced from residential, retail (remodels), and commercial sectors. The commercial includes highly prized work such as schools, city buildings, police and fire stations, healthcare facilities, office buildings, churches, and restaurants, etc. The above-mentioned municipal work is possible due to the company's stellar reputation and large bonding capacity, placing this business in a rare and elite group of flooring companies that are few in number, therefore competition is minimal for the North Texas region in which it serves.
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.
Property Features and Assets:
Commercial Real Estate includes 7,100 square feet on a .61 acre lot with coveted highway frontage. The property is 100% occupied.
Market Competition and Expansion:
Unlike most companies in today’s economy, this company continues to be in growth mode year-over-year. The business up trended approximately 11% Year 2010 versus Year 2009. Revenue Year 2009 was $3,038,781 with $481,345 annual earnings.
Reason for Selling:
Owner Age 80/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 may become a franchise resale opportunity.