Floor Covering Retailer, 30-years of Community

Not Disclosed, MD
Anne Arundel County


Asking Price: Annual Revenue:
$275,000 $952,625

Services: Construction, Contractors


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RE: Floor Covering Retailer, 30-years of Community Broker: Steve Palmer

Quick Facts

Asking Price: $275,000
Annual Revenue: $952,625
Net Profit: Not Disclosed
Cash Flow: $114,452
Total Debt: Not Disclosed
FF&E: $7,300
Real Estate: Not Disclosed
Year Established: 1991
Employees: 4
BBN Listing #: 612362708
Broker Reference #: 3122021-235863

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Business Overview:

Full-service floor covering retailer with 30 years of experience servicing residents of Anne Arundel County, MD. Whether you need carpet, hardwood, tile, laminate or custom rugs, this company has samples for you to see, touch, and stand on in their showroom.

Because of a helpful staff, strong installation team, and the owner's commitment to the local community, most sales are through word of mouth and repeat customers.

Sales have been especially strong the last few years as the housing market has remained hot.

This is a great business for someone with a strong sales background, and/or lots of connections with realtors and general contracting firms.
The business has been around for 30 years, with the owner being very active in the local business community. Because of this, a majority of the sales are currently from repeat business.

The company stands out because of how well established it is, and how well respected the owner, is. New ownership will be able to build from that foundation until they are able to forge their own relationships - which the current ownership is willing to help with.

The real estate market continues to be hot. Growing relationships with realtors and general contractors will drive future growth.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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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