Flooring Sales & Service Greater Phoenix with G...

Phoenix Metro, AZ


Asking Price: Annual Revenue:
$650,000 $2,294,073

Retail: Home Furniture & Furnishings


Request More Information
Contact the Seller

RE: Flooring Sales & Service Greater Phoenix with G... Broker: Terry Kelm
Owner Financing is Available!

Quick Facts

Asking Price: $650,000
Annual Revenue: $2,294,073
Net Profit: Not Disclosed
Cash Flow: $312,293
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1995
Employees: 8
BBN Listing #: 961338691
Broker Reference #: MINNEMN001-N1842

Email or Print Listing

Request More Information
Contact the Seller


Business Overview:

This 25-year-old flooring retailer/installation and remodeling business has great profitability and is pre-approved by a local SBA lender. Home improvements are big business, and the market shows no signs of slowing down. Long term, as more Millennials move into the housing space, statistics are showing that these individuals are twice as likely to renovate the spaces in their homes compared to Baby Boomers. This business has steady revenues in excess of $2.2 million and owner benefit that exceeds $300,000 annually (and over $500,000 when adding in real estate component). Even with challenging market and supply conditions brought on by COVID-19, this business has proven its resistance and even increased in both 2020 and 2021. Established in 1995, this business is part of an extensive network exceeding 500 independent retailers in North America. This provides owners with tremendous buying power, giving them access to the widest selection of the finest flooring available, and being able to offer that variety to their customers at competitive prices. But what truly sets this business apart is their commitment to customer service… the attention to detail with every customer has helped the owners build a sound business with strong repeat customers and a great reputation in the marketplace. The business features a best-in-class showroom. Customers are truly able to experience and enjoy a visual of what different coverings will appear like in their home, while being able to receive consultation from a staff of flooring experts. \ The current owners are motivated to retire. Inquire today to learn more about this incredible opportunity! As a condition of sale, both the business AND real estate are being included together. The real estate price is $1,860,000. SBA Bank financing for qualified buyers is available with a $265k down payment. The mature industry, excellent reputation in the market, status as a warranty repair expert, loyal customer base, healthy owner profits and opportunities for growth combine to make this an attractive and rewarding business opportunity. Inquire today to learn more!

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.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • 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!