Business For Sale

Flooring & Installation – Absentee Owner

Tempe, AZ
Maricopa County


Asking Price: Annual Revenue:
$4,900,000 $8,266,876

Services: Construction, Contractors


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RE: Flooring & Installation – Absentee Owner Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $4,900,000 12.5% Buyer Down Payment: $612,500 12.5% Seller Financing: $612,500 75% Bank Loan: $3,675,000 A 12.5% down payment of $612,500 returns $462,385 in the first year after debt payments!

Quick Facts

Asking Price: $4,900,000
Annual Revenue: $8,266,876
Net Profit: Not Disclosed
Cash Flow: $1,089,012
Total Debt: Not Disclosed
FF&E: $265,000
Real Estate: Not Disclosed
Year Established: 2009
Employees: 11
BBN Listing #: 265434398
Broker Reference #: CON059

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Business Overview:

Earning over $1MM in profit, this company is dominating the flooring sales and installation market in Maricopa County, Arizona. This small team operates efficiently and very effectively, selling and installing over $7MM in flooring in 2017 alone! With over $400,000 in inventory and $265,000 in equipment and vehicles, this company has nearly everything it needs to maintain growth.

Residential homeowners and contractors account for roughly 75% of purchases and commercial clients make up the remaining 25%. The leading product is currently carpeting (40%) followed by tile (30%). Hardwood, laminate, and stone flooring are additional options for customers to choose from. Offering wholesale pricing, installation as well as next-day installation for select items, this company works with their customers to ensure the flooring meets their expectations, budget, and timeline.

Located in sunny Maricopa County, this business is perfectly situated in a highly-trafficked area, with excellent street visibility and ease of access. If a buyer is looking to expand, a second location could reach a new demographic and could increase sales if the same operational formula is applied. With residential customers the focus of sales, commercial accounts could be improved to produce additional growth as well.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Equipment: $149,000: Equipment, furniture, fixtures, forklift Vehicles: $116,000: Vans (4), box delivery truck (1) Inventory: $400,000 Intangible Assets: Excellent social media reviews, superb name recognition, well-trained and long-term staff, values-focused sales, excellent referrals *amounts may vary

Market Competition and Expansion:

Growth Opportunities: Increase national chain options, build commercial clientele, add online sales and showroom, increase social media engagement, add second location.

Reason for Selling:

Divestment

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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