Owner Financing is Available!
Business Overview:
Manufacturers Preferred Installer of High End Commercial Carpet. This is a rapidly growing company throwing off significant cash flows. Its has an impeccable reputation in the industry and maintains a distinct competitive advantage in pricing and customer selection. This company is recommended to the end user by the carpet manufacturer and is one of a few that is certified by the manufacturer. If the end user fails to select a certified installer the warranty on the carpet is often void. In addition to high-end patterned carpet the company also provides a variety of services including: flooring sales, field measurements, CAD drawings, project management, estimating, and warehousing/storage and consulting solutions.
The company is projecting a 30% growth in revenues in 2012 and the first two months of 2012 supports this projection. The growth the company is experiencing is broad in nature coming from several industries, including high end hotels, casinos and large churches. The asking price remains at $2.2 million but may be increased significantly after first quarter results are completed. The owner believes that the opportunity for expansion is significant and global in nature. The owner is an enormously successful businessman who wants to spend more time with his family but is willing to work with the new owner to expand the business as he or she chooses.
Some of these projects include:
-Winstar World Casino, Thackerville, Oklahoma
-Terranea Resort & Spa, Rancho Palos Verdes, California
-ArraBelle at Vail Square, Vail, Colorado
-Hilton Americas, Houston, Texas
-Sycuan Resort & Casino, El Cajon, California
-Omni Hotel Dallas, Tx
Company mission is to provide a turnkey project, offering the solutions our clients need from the start to walk away with a quality finished project.
If you would like more information on this well established and profitable company please contact Michael Saunders with Lesdon & Associates at 972-395-7220 or visit us at www.yourbusinessbrokers.com
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:
10,000 square feet (new) for lease at $9.85 NNN square feet
Market Competition and Expansion:
Competition: Minimal
Growth and Expansion: A new owner could add additional sales to take advantage of the Axminster manufactures referral and references. In this industry there are not a lot of skilled installers that can install the woven Axminster carpet. The current owner has not wanted to take the business to the next level but is willing to work with the new owner to increase sales and profit. This company provides endless opportunities for a new owner.
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.
Resources: