Flooring Sales and Installation

Not Disclosed, FL
Broward County


Asking Price: Annual Revenue:
$199,990 $499,644

Retail: Hardware, Bldg. Materials, Garden Center


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RE: Flooring Sales and Installation Broker: ROBERT COHEN
Owner Financing is Available!
Loan/Seller - Amount: $45,000; Months: 48; Rate: 8.00% Monthly Payment: $1,098.58.

Quick Facts

Asking Price: $199,990
Annual Revenue: $499,644
Net Profit: Not Disclosed
Cash Flow: $108,642
Total Debt: Not Disclosed
FF&E: $5,000
Real Estate: Not Disclosed
Year Established: 1973
Employees: Not Disclosed
BBN Listing #: 4025630
Broker Reference #: 0101180261

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Business Overview:

Flooring specialty retail store with installations, cash and carry. 90 percent residential clients. Tile, Wood, Carpet, and Luxury Waterproof Vinyl. Opened in 1973 on the same street corner. Changed ownership two times in the last 48 years. The present owner has been in business since 1999. What sets this business apart from the big box flooring stores is the large selection and great personal customer service. Adding additional local advertising and the creation of a new active website and social media will help increase the sales and profits. Please refer to listing number 0101180261, Rob Cohen when inquiring about this listing.

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Property Features and Assets:

Lease/Month: $3,150; Square Footage: 2,120; Building Type: Strip Mall; Terms & Options: Month to Month; Expiration Date: 5/31/2021.

Market Competition and Expansion:

Non Compete : Miles: 100 Years: 5

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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