Carpeting & Flooring Fabulous Retail Business

Boulder, CO
Boulder County


Asking Price: Annual Revenue:
$325,000 $1,109,000

Retail: Home Improvement


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RE: Carpeting & Flooring Fabulous Retail Business Broker: Merle T Northrop
License #: 40006932
Owner Financing is Available!
Limited financing available to buyer with acceptable credit.

Quick Facts

Asking Price: $325,000
Annual Revenue: $1,109,000
Net Profit: Not Disclosed
Cash Flow: $136,500
Total Debt: Not Disclosed
FF&E: $51,300
Real Estate: Not Disclosed
Year Established: 1997
Employees: 5
BBN Listing #: 988431038
Broker Reference #: 18332

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Business Overview:

The business was founder over 20 years ago by 2 partners. One was eventually bought out and the other has continued to operate the business since. Revenue has consistently been year after year about $1m. Manage your costs, manage your staff and manage your expenses and you have a "nickel chucker" business on your hands! This business is a very steady low stress sales and coordination of projects type business. You can manage your own growth and maintain the current business level and make a very good living. If you're eager to grow the business, there is social medial marketing that might add a new layer of effectiveness to the mix. This is a great little business, has lots of repeat customers having had great installation experience in the past so they return with their new homes or as they add investment properties. The current owner does not attempt to compete with new home builders and their need for deep discounts. This business is ready for a new driver, are you the one?

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Property Features and Assets:

Great location for its market territory. Showroom, general offices and warehouse all within a 3,000 square foot facility. Very suitable for the operation. Delivery van, and suitable equipment for the business of preparing carpet for installation. For several years now, about half a dozen independent contractor installers work with this business. Seller is anxious to train the new owner!

Market Competition and Expansion:

Carpeting and flooring is a competitive market, but with good service and a historically good reputation, this business has preformed very well for many years. The owner believes stepping into more modern means of social media marketing would produce a nice boost for this business. As more technologically smart homeowners move into homes and decide to remodel, the connection to them via social media increases daily.

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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