Wholesale and Retail Flooring Company

Not Disclosed, FL
Hillsborough County


Asking Price: Annual Revenue:
$179,000 $423,026

Services: Construction, Contractors


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RE: Wholesale and Retail Flooring Company Broker: Joseph Nicolini
Owner Financing is Available!
Owner Financing Terms $10,000.00 Owner Financing Interest 6% Owner Financing Terms Months 12 Owner Financing Monthly Payment $860.66

Quick Facts

Asking Price: $179,000
Annual Revenue: $423,026
Net Profit: Not Disclosed
Cash Flow: $83,841
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 1967
Employees: Not Disclosed
BBN Listing #: 3127630
Broker Reference #: 3353566686

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Business Overview:

This is a well established flooring company owned and operated by the sellers for 30 years and the prior 24 years, owned by their father. Company concentrates on dealing with subcontractors but also has a fair share of their own retail customers. Some of their clients are large commercial companies that will supply their own flooring products and they find the subcontractors to install the products. The business has a contract with Pinellas County to supply all their flooring needs and installations. Products include carpet, wood, laminate and luxury vinyl tile. Please refer to listing # 3353-566686, Agent Joe Nicolini when inquiring about this listing. Thank you!

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Property Features and Assets:

Business History: Established in 1967 by the father of the sellers. Sellers have owned it for the last 30 years.

Market Competition and Expansion:

Potential Growth: The addition of a salesperson to reach out to additional subcontractors and construction companies should increase business. Competitive Overview: Well established and probably one of the oldest flooring companies in the Tampa Bay region. Excellent reputation.

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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