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  • RE:  50 Year Multi-Crew Flooring Company W/SBA
  • Contact:  Ashley Kelsey
Owner Financing is Available!
Owner Terms:$287,500.00 Interest:7% Term Months:60 Monthly Payment:$5,692.84

Quick Facts

Asking Price: $575,000
Annual Revenue: $997,910
Net Profit: Not Disclosed
Cash Flow: $212,143
Total Debt: Not Disclosed
FF&E: $206,250
Real Estate: Not Disclosed
Year Established: 1972
Employees: 8
BBN Listing #: 945058201
Broker Reference #: 13485-147164

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Business Overview:

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. 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 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 

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Property Features and Assets:

Monthly Rent: $3,060.00 Square Units (Foot, Meter): 3,600 Terms Options: Negotiable Facilities: 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. FF&E Overview: Fully equipped branded vehicles as well as all equipment required to run a full service operation FF&E General Condition: Up-to-date maintenance and well kept equipment

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:

Retiring

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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