Seacoast NH Flooring Business

Not Disclosed, NH

Seacoast NH


Asking Price: Annual Revenue:
$395,000 $1,030,115

Retail: Home Improvement


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RE: Seacoast NH Flooring Business Broker: Ed Settino

Quick Facts

Asking Price: $395,000
Annual Revenue: $1,030,115
Net Profit: Not Disclosed
Cash Flow: $287,820
Total Debt: Not Disclosed
FF&E: $72,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 995381
Broker Reference #: 222003

Email or Print Listing

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Business Overview:

This business presents a terrific opportunity for an individual or partnership to control their economic future or for an existing flooring business to augment their market share. The business is a turn-key, full service, flooring business. The business model is very efficient allowing for consistent cash flow and on time payments. Sales for 2021 came in over $1 million, producing documented discretionary earnings to the owner of just under $300,000. Sales in the first quarter of 2022 YTD are already $100,000 over 2021. With the volume of new orders, that rate is expected to continue throughout 2022.

The business installs, only high quality products of all flooring types in both new and replacement applications for commercial and residential customers.

The business including $72,000 worth of furniture, fixtures, equipment and vehicle, good will, established customer base, vendor and supplier relationships, long term experienced subcontractors, financial tracking and reporting system, transferable showroom/office and storage facility leases, training during the transition to a new owner are offered at $395,000 plus, the value at cost plus associated freight charges of the inventory and supplies.

The value of the inventory and supplies ranges between $20,000 and $50,000, depending on the installation cycle at the time of transfer to a new owner.

The owner is willing to stay beyond the initial transition period, with compensation, based on the needs of the new owner.

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 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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