Premier Floor Covering Store

Not Disclosed, FL
Pinellas County

Asking Price: Annual Revenue:
$399,000 $1,492,152

Retail: Home Furniture & Furnishings

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RE: Premier Floor Covering Store Broker: Mark Purtee
Owner Financing is Available!
$39,900/$30,100 for 60 mos. @ 9%/Other Financing.

Quick Facts

Asking Price: $399,000
Annual Revenue: $1,492,152
Net Profit: Not Disclosed
Cash Flow: $212,078
Total Debt: Not Disclosed
FF&E: $108,757
Real Estate: Not Disclosed
Year Established: 2001
Employees: 4
BBN Listing #: 72134955
Broker Reference #: 1001-14935

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Business Overview:

This flooring store provides the complete customer experience. A wide selection of flooring; hardwoods, tile & stone, vinyl tile & plank, and carpet. The knowledgeable staff assist with selection. The installation is handled by trained experts. Financing is available. The company is part of a national association that provides vast access to flooring materials at favorable pricing. The association also offers benefits such as; training, product information and networking with other flooring store owners across the nation.

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Property Features and Assets:

Located on a prime busy street with high traffic counts. The small strip center has been updated and has a clean, professional appearance. The real estate has the same owner as the business and is available separately. Displays are carefully laid out to give a comfortable customer experience. Samples are current and representative. Assets= $238,687

Market Competition and Expansion:

Flooring is not easily ordered on the internet. Shipping is expensive, and it requires installation. There are several other flooring stores within a 5 mile radius of this location, including Home Depot and Lowes. To be competitive, this store offers; an unmatched selection of flooring, staff are trained flooring experts and professional installation. Also, a variety of financing options are available. The affiliation with a national buying association provides access to virtually all vendors, including private labels. And at favorable costs. It also provides; training for the owner and staff, advertising opportunities and consumer financing. This provides an independent store the buying power and resources of a national association.

Reason for Selling:

Family Medical Issues.

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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