Business For Sale

Established Flooring Business In Killeen, TX

Austin, TX
Travis County

Far North West - Killeen


Asking Price: Annual Revenue:
$255,000 $674,708

Retail: Hardware, Bldg. Materials, Garden Center


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RE: Established Flooring Business In Killeen, TX Broker: Derik Polay

Quick Facts

Asking Price: $255,000
Annual Revenue: $674,708
Net Profit: $106,093
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2000
Employees: 5
BBN Listing #: 895246576
Broker Reference #: Not Disclosed

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Business Overview:

This is the chance to buy an established flooring business in the Killeen, TX area. The business was established in 2000 and the team has over 17 years of experience. This is a business that specializes in sales and installation of all types of flooring in both the residential and commercial space. Operations consist of interior design consulting, cost estimating, ordering, inventory management, installation services and warranty management. Products consist of carpeting, hardwood, laminate, ceramic tile, porcelain tile, glass tile, natural stone tile, luxury vinyl tile, luxury vinyl plank and commercial flooring.

The business has grown steadily and their reputation has been stellar. The seller is finally interested in retiring and looking for a new owner to continue to grow the business. Revenues are $674,708 in 2017 with seller’s discretionary earnings of $106,093. Sales were $630,001 in 2016 and seller’s discretionary earnings were $87,150.

This is a potentially attractive acquisition for a new owner for several reasons.
The seller has successfully built a brand around the business. At this point, the business basically runs on auto-pilot. A new, more involved owner could spend more time at the business driving traffic to the location. A new owner could also ramp up advertising efforts to builders in the area and could keep on salesperson busy with just builders and other commercial customers.

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Property Features and Assets:

17,216 square foot building complete with showroom, offices and warehouse space. The building is very visible on a major artery in and out of town.

Market Competition and Expansion:

Economies of scale correlating to competitive pricing. Great reviews and strong word of mouth reputation gives a new owner opportunities to expand reach. Have access to new products in the market. Opportunity to increase marketing, including almost any form of advertising, or simply using search engine optimization techniques on the website. Strong residential building and population growth in Killeen and Bell County.

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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