Established Flooring Business

Not Disclosed, FL
Broward County

Asking Price: Annual Revenue:
$1,500,000 $1,500,000

Retail: Home Improvement

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RE: Established Flooring Business Broker: Arthur Pernice

Quick Facts

Asking Price: $1,500,000
Annual Revenue: $1,500,000
Net Profit: Not Disclosed
Cash Flow: $600,000
Total Debt: Not Disclosed
FF&E: $45,000
Real Estate: Not Disclosed
Year Established: 2004
Employees: 9
BBN Listing #: 9015630
Broker Reference #: 0101674502

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Business Overview:

An established flooring store carrying Mohawk, Shaw, Wilsonart , Quick Step, and many other carpet brands. Business has a large selection of carpet, tile, hardwood and exotic flooring, stone, laminate, vinyl and rugs. Company has their own installers who have been with them for many years. Pricing and quality jobs bring repeat customers and local word of mouth endorsements. 6,000 square feet show room gives a buyer a wide selection of products. Full time sales people man the store. This store has a membership in a nation wide flooring company which offers support, group buying power and very low charge card rates. Please refer to listing 0101674502, business broker Arthur Pernice when you inquire about this listing.

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Property Features and Assets:

Lease/Month: $9,233; Square Footage: 7,400; Building Type: RETAIL CENTER; Terms & Options: 3-5 year options; Expiration Date: 6/1/2024.

Market Competition and Expansion:

Non Compete : Miles: 5 Years: 3

Reason for Selling:

Owner relocating.

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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