Growing Highly Profitable Flooring Company

Not Disclosed, NC
Nash County

Asking Price: Annual Revenue:
$575,000 $952,457

Services: Construction, Contractors

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RE: Growing Highly Profitable Flooring Company Broker: Ashley Kelsey
Owner Financing is Available!
Owner Financing Terms $287,500.00 Owner Financing Interest 7% Owner Financing Terms Months 60

Quick Facts

Asking Price: $575,000
Annual Revenue: $952,457
Net Profit: Not Disclosed
Cash Flow: $287,707
Total Debt: Not Disclosed
FF&E: $225,250
Real Estate: Not Disclosed
Year Established: 1972
Employees: 5
BBN Listing #: 945058201
Broker Reference #: 13485-147164

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Business Overview:

50 Year Multi-Crew Flooring Company with SBA Pre-Approval

This 50-year-old multi-crew flooring sales and installation company located in Eastern NC is looking for a new owner.

The business is a full-service flooring company offering a variety of products and installation of LVP, Hardwood, Carpet, Cleaning (carpet and upholstery) and much more creating a one-stop shop for all flooring needs. The knowledgeable, professional staff guide customers through the buying experience in the business’s showroom.

The current facility has ample showroom space as well as warehouse for storage of products on site.

Owner is dedicated to the continued success of the business and is willing to facilitate a smooth transition prior to retirement.

The business is pre-qualified for an SBA loan and seller financing is available for a qualified buyer. Strong cash flow and over $200,000 in equipment.

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Property Features and Assets:

The business opened over 50 years ago and has since become a leader in the industry serving its community. The tenure of the business paired with the quality of service and products has created strong relationships with commercial and residential customers alike. This is a leased location of 3,600 square feet with a monthly rent of $3,060. The building offers a well-kept, organized warehouse in addition to a show room available for clients to see and feel a variety of products.

Market Competition and Expansion:

This business distinguishes itself by understanding the flooring needs of the client and delivering quality products and service. The professional, knowledgeable staff make the entire flooring process a pleasant experience for the client while offering a variety of products. Potential growth opportunities include a buyer with a desire to expand the business into neighboring markets and enhancing marketing efforts.

Reason for Selling:


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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