Owner Financing is Available!
Business Overview:
This business provides a complete range of flooring for both residential and commercial needs. They offer only the best products such as ceramic, porcelain, granite, hardwood, laminate, and carpet. The business has established a loyal clientele and approximately 55% of their business is repeat customers. The concept of the store is to provide great pricing on products not available to their competition and to have in-stock products that customers can have installed quickly. They have the products on hand and can special order any other flooring item if not in stock. Started in 1991 by the current owner and spouse to fill a void in the market place for quality flooring at an affordable price. They found that by searching for and offering a high-end selection of imported tile they are able to compete with the big box stores.
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:
The company operates from a 9,500 square foot showroom with another 9,000 square feet of storage. This large size showroom allows for displaying many styles and varieties of flooring where customers can browse and see actual products, versus catalogs.
Market Competition and Expansion:
The potential for this business is great and only limited by the desire of a new owner. To be sure, the slow-down in the economy that has virtually put the new home market at a stand- still has had an impact on this business. There exists a market for the home-improvement segment that is increasing as people are renovating their properties to compete in the sales arena. Another area to explore is the commercial market within the Front Range. Building in this segment of the market has begun to increase. This is a stable business serving a market that is not being met by the “big-box” retailers.
Reason for Selling:
Retirement of one owner and Relocation of the other owner
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.
Resources: