Profitable Flooring Store w Installation Service

Las Vegas, NV
Clark County

Central Las Vegas


Asking Price: Annual Revenue:
$1,900,000 $5,524,346

Retail: Hardware, Bldg. Materials, Garden Center


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RE: Profitable Flooring Store w Installation Service Broker: Wayne Fort and Vic Coppola
License #: S.0193593 & BS.0146004

Quick Facts

Asking Price: $1,900,000
Annual Revenue: $5,524,346
Net Profit: $646,344
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $14,253
Real Estate: Not Disclosed
Year Established: 2013
Employees: 30
BBN Listing #: 53645142
Broker Reference #: 101-21387

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Business Overview:

Semi-absentee owner. Turnkey & Profitable Flooring Store supplies the most popular tile, vinyl, laminate, hardwood, 100% Waterproof SPC Vinyl Planks and carpet flooring options at absolutely the lowest prices in Las Vegas, NV. They are also a licensed professional installation company. The business has a retail store with 2,000 square feet and a warehouse with 7,000 square feet. This is a unique business opportunity with an EIDL Loan in the amount of $485,000 that can be assumed by a qualified buyer. (Original terms of EIDL Loan are 3.75% interest for 30 years). For a quick response to your inquiry, please call listing agent Wayne Fort (RE# S.0193593; Business Broker Permit# BUSB.0007106) or Ciro 'Vic' Coppola (RE# BS.0146004 Business Broker Permit# BUSB.007080).

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Property Features and Assets:

This location has a retail store of 2,000 square feet and a warehouse of 7,200 square feet with a Total Monthly Rent of $8,550. Lease ends 11/2022. Seller is active in the business with 5 Full Time employees and 25 Independent Contractors. Hours of operation are 8:30am – 6:00pm Monday to Saturday. $41,470 in Inventory and $14,253 in FF&E included in asking price. Contractors C16 Finishing Floors and C-20 Tiling Licenses required.

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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