Seller's Contact Information
- RE: Seacoast Area Flooring Business
- Contact: Ed Settino
Quick Facts
Asking Price: | $345,000 | |
Annual Revenue: | $884,113 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $192,005 | |
Total Debt: | Not Disclosed | |
FF&E: | 56,900 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 995381 | |
Broker Reference #: | 222003 |
Business Overview:
PRICE REDUCED! This well-established and profitable business installs only high quality products of all flooring types in both new and replacement applications for commercial and residential customers. The business is a turnkey, full service, flooring business. The business model is very efficient, allowing for consistent cash flow and on time payments.
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 located on a heavily traveled state road in leased space that includes the showroom and office space.
The business including $56,900 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 $345,000 plus, the value at cost plus associated freight charges of the inventory and supplies.
The value of the inventory and supplies ranges between $10,000 and $15,000, 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.
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Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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