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- RE: Floor Coverings & Installation Svcs - Chesterfield
- Contact: Steve
Quick Facts
| Asking Price: | $235,000 | |
| Annual Revenue: | $875,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $83,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $24,500 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2021 | |
| Employees: | 3 | |
| BBN Listing #: | 1003495 | |
| Broker Reference #: | BBN-122325 STLOUIS |
Business Overview:
Established and successful Residential flooring products and installation services Franchise business for sale in Chesterfield/St. Louis West County, MO. This business is North America's leading in-home designer floor coverings brand. Products include: carpeting, wood flooring, vinyl, laminate flooring and ceramic tile. This large 4 territory business services home owner flooring needs in the West County Chersterfield/St. Louis area. Owner works with an on staff design/sales rep and sets appointments with prospects in their homes. This eliminates the need for an expensive office as the design/sales rep travels to appointments in a wrapped mobile showroom van with samples of all of their flooring product lines. Once the sale is made - usually $7-8k per sale, the owner contacts a team of local installers to schedule the install. Projected Gross Sales Revenue for 2025 is just under $900k. There is also a small office/warehouse (1688 sq ft) on lease to be used for receiving flooring materials prior to installation as well as the main Sales office. Office lease is good through July, 2027.
Contact the Seller:
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Property Features and Assets:
Assets include the 2 mobile showroom Ford Transit vans (2015 & 2013) and all of the supplies and equipment in the office warehouse. Just renewed a 2 year lease in July. This office has a working relationship with multiple flooring products installation teams (hardwood, vinyl, laminate, carpet, tile and commercial flooring. Very good online reviews (4.9 Google Rating, 4.8 Angi, 5.0 Yelp, 5.0 BBB) and a strong business relationship with local contractors, Home Improvement retailers and a local home builder. The Office Manager handles lead setting appointments, social media, bookkeeping and materials ordering. The District Sales Account Executive has experience in both flooring installation and sales. An electric forklift is included along with flooring samples for both mobile showroom vans and the Studio Showroom.
Market Competition and Expansion:
Lots of growth potential in this very large territory covering 17 Zip Codes and over 210,000 local households. This business has the business potential to be doing $1.5 to $2.0 million dollars in Gross Annual Revenues.
Reason for Selling:
Career change. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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