Well Established High Profit Flooring Store

Not Disclosed, TX
Harris County


Asking Price: Annual Revenue:
$650,000 $1,783,000

Retail: Hardware, Bldg. Materials, Garden Center


Request More Information
Contact the Seller

RE: Well Established High Profit Flooring Store Broker: Pedro Palacios-Rhode
Owner Financing is Available!
325000.00

Quick Facts

Asking Price: $650,000
Annual Revenue: $1,783,000
Net Profit: Not Disclosed
Cash Flow: $254,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 3
BBN Listing #: 450044107
Broker Reference #: 76931-944980

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

The flooring company was founded in 1987 and Houston store has been in the same location for the past 20 years with a showroom, warehouse and offices. Nearly 90% of the company’s business is based on referrals from its contacts with realtors, contractors and individual homeowners in the Houston area from being in business for over 30 years. The store is offered at $650,000. The revenues in 2018 were $1,783,000 with an owner benefit of $254,000. The Houston store would be a good fit for someone in or wanting to enter and focus on the flooring business. The flooring company has a great reputation in the Houston area in providing high quality flooring and remodeling options at affordable prices with superior customer service. It provides a myriad of product and pricing options to fit all budgets. The company has a vast selection of carpet, laminate, wood, tile and vinyl flooring from long sourced supplier relationships. In addition to providing direct floor sales and installation, the company has another revenue stream by installing other suppliers’ floors with its well established five crews with over 100 years of experience. It has maintained an accredited BBB A+ ranking for the past 18 years. The seller who wants to retire is offering financing up to $325,000 for the Houston store at 6% interest for either the Houston store sold separately or for both stores sold combined.

In late 2018 the company opened a second location in Northwest Houston that focuses on remodeling and has a gorgeous showroom fully decked out a full kitchen, bath, outdoor patio, cabinet and flooring show areas plus five separate well-furnished offices with granite countertops. It is beautifully furnished with $200,000 in assets with separate kitchen, bath, patio and flooring rooms fully decked out with top of the line appliances and granite countertops and a full array of flooring displays. The Northwest Houston store would be perfect fit for a remodeling contractor or another flooring company looking to expand or for any small business looking for a nice space with minimal conversion. This Northwest Houston store is also for sale either separately for $99K or combined with the primary Houston flooring store for a $50,000 discount or $699,000 for both stores.

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.

Market Competition and Expansion:

Houston Store The business was established in 1989. In 1998 it moved to its present location and concentrated on realtor referrals. The business started in August 2017 in a new strip mall. In its first full year of operations in.

Reason for Selling:

Retiring

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.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!