Profitable 28-Year-Old Flooring Business

Not Disclosed, NH
Rockingham County


Asking Price: Annual Revenue:
$169,000 $692,226

Retail: Home Improvement


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RE: Profitable 28-Year-Old Flooring Business Broker: Ed Settino

Quick Facts

Asking Price: $169,000
Annual Revenue: $692,226
Net Profit: Not Disclosed
Cash Flow: $64,150
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 1993
Employees: Not Disclosed
BBN Listing #: 4348381
Broker Reference #: 221014

Email or Print Listing

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Business Overview:

PRICE REDUCED! This is a turnkey full-service flooring business with 22% to 24% profit margins and consistent sales over $500,000 even with the recent Covid-19 effect on all our lives. Sales for 2021 came in at $692,226 with multiple orders that will be available to a new owner. The business is suitable for an independent individual entrepreneur who wants to control his or her business life, partnership, couple or other flooring store owner looking to increase their market share.

Sales come from a mix of residential and commercial customers and consists of all flooring types. Most of the sales involve material purchase and product installation. Installations are provided by a group of subcontractors that have long term relationships with the business.

The business relies on word-of-mouth referrals. A formal marketing plan is not part of the present business model and is an opportunity for a new owner to grow the business.

The business is located on a well-traveled state roadway with high traffic counts and good visibility. The showroom is open five days per week.

The business with an in-place lease, high traffic location with customer display area, storage racks and loading dock, $20,000 worth of furniture, fixtures and equipment, sundry inventory and supplies, good will, non-compete agreement, extensive training, if needed, during the transition to a new ownership, introduction to suppliers and vendors and installation sub-contractors are available at an offering price of $169,000.

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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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