Well Established Floor Covering Business For Sale

Sumter, SC
Sumter County


Asking Price: Annual Revenue:
$550,000 $1,108,393

Retail: Hardware, Bldg. Materials, Garden Center


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RE: Well Established Floor Covering Business For Sale Broker: Lorrie Ulmer

Quick Facts

Asking Price: $550,000
Annual Revenue: $1,108,393
Net Profit: Not Disclosed
Cash Flow: $196,216
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 339151563
Broker Reference #: 06951-89835

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Business Overview:

ATTENTION ALL VETS! SBA7a PQ Opportunity to own a Well Established & Profitable Business
Potential Owner Financing Available.
The focus is to provide floor coverings to Government and Public Sector customers. This Floor Covering Company is your government flooring specialists. Some of these customers include: Public Housing, U.S. Department of Defense Military Installations, Educational Institutions, U.S. State Department Facilities, Veterans Administration Hospitals and other Governmental Agencies. Other customers include Correctional Institutions, Health Care Organizations and commercial companies.

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Property Features and Assets:

Started in the 1950’s. This Floor Company has steadily grown in sales and expanded product offerings. The current owner(s) purchased this company in the 1979 and kept the family name from the original owner. The company eventually stopped with residential services and focused only on commercial jobs. They offer a selection of carpet, resilient flooring, and hard tile, to include ceramic and quarry. Sales are generated through over 60 years of business in the community. The current owner(s) have worked diligently to ensure satisfied customers through the years and this is evident by repeat customer sales and an increase in 2017 Gross Sales TO Over 1Million!

Market Competition and Expansion:

This is a Disabled Veteran owned business and located in Central SC serving GA, SC and NC. 2017 has continued the trend of year on year growth. Executed contracts are in place through 2018 . 100% Commercial with excellent financials and provable income. Showing Comments Call Michael Ulmer for appointment or email us. Potential Growth With the enhancement in marketing, estimating and project management this business will grow substantially.

Reason for Selling:

Retiring

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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