Carpet and Flooring Business for Sale

Not Disclosed, OH


Asking Price: Annual Revenue:
$2,200,000 $4,670,802

Retail: Home Improvement


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RE: Carpet and Flooring Business for Sale Broker: Shannon Foust

Quick Facts

Asking Price: $2,200,000
Annual Revenue: $4,670,802
Net Profit: Not Disclosed
Cash Flow: $704,661
Total Debt: Not Disclosed
FF&E: $1,162,585
Real Estate: Not Disclosed
Year Established: 1961
Employees: 10
BBN Listing #: 82984955
Broker Reference #: 4305-15851

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Business Overview:

This business has an excellent reputation and has been providing flooring products and services since 1961 to retail customers, builders and contractors. Unlike some industries and businesses, their 2020 year to date sales have been holding steady during the COVID-19 pandemic.

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Property Features and Assets:

Freestanding 13,500 square feet facility in excellent condition. The real estate is available for purchase should a buyer be interested and the real estate includes self storage units, held under a separate corporation, which are 100% occupied and generating income. Assets= $1,162,585

Market Competition and Expansion:

This business is the number one volume flooring store in the area. Central Ohio continues to be one of the fastest growing markets in the Mid West. The industry is projecting annual growth of 5% nationally.

Reason for Selling:

Retirement.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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