Business Overview:
This is a well-established carpet and floor covering company that has enjoyed a successful operations since 1975. The current owners represent the second generation of ownership and they have demonstrated the same good track record as the founder for increasing revenues and profit while maintaining an excellent reputation for top-of-the-line flooring products and quality installation service.
The enterprise maintains an attractive website. For those who prefer an in-store experience, an attractive showroom provides a wide range of samples in a comfortable setting. The company provides a full range of carpet and floor coverings for residential clients and a limited range for commercial clients. Flooring products include: cushion/padding, vinyl/resilient, laminate flooring and specialty floors.
When the business is sold, the owners plan to retire.
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Property Features and Assets:
The business is located in a 3,725 square foot, standalone building on a major street with a high traffic count. The building is included in the total price. A recent, certified real estate appraisal is available on request.. The building is divided into two separate bays. The larger of the two is 2,625 square feet and houses the flooring business. The smaller bay is 1,100 square feet. The buyer of this business will have a couple of options for how to utilize the smaller bay: 1 continue to utilize the space for storage of inventory/materials, 2 rent the space to a tenant.
Assets = $540,415
Market Competition and Expansion:
There are other flooring businesses in St. Louis County, but few have the 47-year continuous history that this company enjoys.
A professionally enhanced website, and a stronger advertising program will facilitate increased revenues.
Reason for Selling:
Married couple plans to retire.
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.
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