Excellent Carpet, Tile, & Wood Flooring Business

Not Disclosed, FL
Indian River County

Treasure Coast


Asking Price: Annual Revenue:
$750,000 $1,132,409

Retail: Home Furniture & Furnishings


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RE: Excellent Carpet, Tile, & Wood Flooring Business Broker: Bob Leone

Quick Facts

Asking Price: $750,000
Annual Revenue: $1,132,409
Net Profit: Not Disclosed
Cash Flow: $298,052
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 1986
Employees: 3
BBN Listing #: 257511185
Broker Reference #: 170-08394

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Business Overview:

30+ year old business in a beautiful coastal community on Florida's Treasure Coast. Offers a wide variety of high end wool carpet, natural fibers such as sisal and seagrass as well as an array of synthetics including Stainmaster nylons. Also engineered wood, Luxury Vinyl Plank, and tile. A big plus is the established in-house fabrication of area rugs, stair runners, and other custom products. Great margins on all of these offerings. Well established and respected in the trade, construction, and community markets. Lots of repeat business with very little advertising. Great staff and NFIC certified Installers. This business is well positioned for continuing growth in all markets. Protected proprietary product lines set this business apart from all others in the community. This is truly a great opportunity for anyone wanting to buy into a well established, profitable business.

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Property Features and Assets:

Inventory: $10,000 (included in the asking price). Lease/Month: $1,973. Square Footage: 4,000. Building Type: Strip Plaza. Terms & Options: TBD. Expiration Date: 9/30/2022. Leasehold: $75,000. SBA Financing: $600,000. Mos: 120. Rate: 8%. Mo Pmt: $7,279.66

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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