Business For Sale

Absentee Carpet & Flooring w/$1MM in Profit

Tempe, AZ
Maricopa County


Asking Price: Annual Revenue:
$5,350,000 $8,784,131

Services: Construction, Contractors


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RE: Absentee Carpet & Flooring w/$1MM in Profit Broker: Cortney Sells
Owner Financing is Available!
12.5% Seller Financing.

Quick Facts

Asking Price: $5,350,000
Annual Revenue: $8,784,131
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:

Dominating the flooring sales and installation market in Maricopa County, Arizona, this company is operating at the top of their game. 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 $265,00 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.

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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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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