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- RE: Flooring Products & Services - Plymouth/Canton, MI
- Contact: Steve
Quick Facts
| Asking Price: | $375,000 | |
| Annual Revenue: | $1,150,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $46,500 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2021 | |
| Employees: | 1 | |
| BBN Listing #: | 1005167 | |
| Broker Reference #: | BBN-013026 PLYMTHCANTON |
Business Overview:
Established and successful Residential flooring products and services business Franchise for sale in the Plymouth / Canton, MI area and surrounding territory. This business is North America's leading in-home designer floor coverings brand. Products include: carpeting, wood flooring, vinyl, laminate flooring and ceramic tile. This large territory office services several communities in region. Owners works with their staff designers and professional Sales reps to set appointments with prospects in their homes. This eliminates the need for an expensive high overhead office as the designers/sales reps travel to appointments in a wrapped mobile showroom van with samples of all of their product lines. Once the sale is made - usually $8k per sale - the owner contacts a team of local installers to schedule the install. Projected Gross Sales Revenue for 2026 is $1.1 million. Average Gross Margin is 42-50%. Includes a 1,650 square foot combination product showroom / warehouse. Lease is good through January, 2027. An electric forklift, pallet jack and carpet dollies are included to move the heavier materials around, along with flooring samples for the Ford Transit mobile showroom van and the main Showroom. Almost 55% of their new business comes from self generated leads or referrals of previous customers that are happy with the services and products.
Contact the Seller:
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Property Features and Assets:
Assets include the one mobile showroom 2022 Ford Transit van with advertising wrap and all of the Flooring Samples, Marketing collateral, office supplies and equipment in the office and warehouse. Just renewed the showroom / warehouse lease. This office has a working relationship with 4 flooring products installers, very good online reviews, earned one hundred 5.0 Google Review ratings, and a business relationship with several hotels and local home builders and local realtors. The Office Manager handles lead setting appointments, social media, bookkeeping and materials ordering. The District Account Executive has experience in both flooring installation and sales
Market Competition and Expansion:
This office comes with a large exclusive territory with lots of growth potential as homeowners and business owners are needing to upgrade the flooring in their homes and businesses. Areas this business services includes: Canton, Livonia, Plymouth and surrounding communities.
Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
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