Seller's Contact Information
- RE: Award Winning Floorcovering Company - Stable Sales
- Contact: Seth Rudin
Quick Facts
Asking Price: | $550,000 | |
Annual Revenue: | $3,800,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $170,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 513235781 | |
Broker Reference #: | FC2023 |
Business Overview:
This business is an award-winning floor covering company, they provide individual homeowners, real estate investors, businesses and contractors with a wide selection of carpets, hardwood, laminates, tile, countertops and cabinets.
The company operates a Thurston County showroom and has a warehouse space for housing the product before the flooring or interior products are delivered for installation.
With approximately 300,000 residents in Thurston County, the business has a large addressable market to provide flooring, cabinets and countertops. Over 47% of the population own their own homes with a median income over $81,000, and Olympia is home to over 6,500 businesses.
Ownership serves an as executive management and sales oversight function. The company employs a full-time operations manager who oversees all facets of the back office and scheduling of jobs. The company has 3 full time sales team members and each of them carry’s an annual quota and are paid performance-based commissions. They maintain a dedicated bookkeeper and full-time estimator. Further, they employ a warehouse manager and driver as well as a purchasing manager.
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Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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