Premier Flooring Business with 53 Year History

Not Disclosed, NC
Pitt County


Asking Price: Annual Revenue:
$385,000 $628,521

Retail: Home Improvement


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RE: Premier Flooring Business with 53 Year History Broker: Tony Khoury

Quick Facts

Asking Price: $385,000
Annual Revenue: $628,521
Net Profit: Not Disclosed
Cash Flow: $136,177
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 53
Employees: 3
BBN Listing #: 555058201
Broker Reference #: 13485-154733

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Business Overview:

Ideal business for an owner-operator, with a loyal and long-standing base of clientele, including Property Managers, Realtors and a strong returning customer base. This listing includes a 5,043 square feet building, an adjacent parking lot, and nearly $40,000.00 in inventory. Existing owner is seeking the RIGHT buyer, so that this business does not skip a beat during its transition.

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Property Features and Assets:

Approximately a 1,500 square feet showroom, a 3,500 square feet warehouse and adjacent parking for customers and company vehicles.

Market Competition and Expansion:

This successful business has primarily survived and grown based on reputation and brand loyalty. They currently do not have a website and do minimal advertising, so the opportunity to grow the business definitely exists with a new owner that has a command of both social media and networking within the region. This facility has ample capacity for the storage of additional carpet and flooring stock, which will further accommodate an increase in revenue growth. The owners have shared that they consistently turn down business, as the demand for their services exceed the hours in which they are willing to work. They are looking for an energetic, hard-working and motivated new owner who will take the reins of the business and make the family proud. While retaining the Waters Carpet Center brand name is not required, it does carry with it the reputation of quality and service.

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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