Wood Tile Stone and Carpet Flooring Business

Durango, CO
La Plata County

Houston


Asking Price: Annual Revenue:
$425,000 $1,239,418

Retail: Home Improvement


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RE: Wood Tile Stone and Carpet Flooring Business Broker: Charlie Cole
Owner Financing is Available!
Up to 20% seller carry.

Quick Facts

Asking Price: $425,000
Annual Revenue: $1,239,418
Net Profit: Not Disclosed
Cash Flow: $115,285
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 2004
Employees: 5
BBN Listing #: 95647003
Broker Reference #: 1482-82

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Business Overview:

Flooring company offering carpet, vinyl, wood, tile and stone flooring since 2004. The business sells flooring from a large, modern showroom and refers most of the install work out to local installers. A small, but very experienced staff handles the majority of the operations with the owner working around 20 hours a week. The average transaction is about $3,000, which is mostly for remodel work although some new construction sales exist. Cash flow is managed by taking a 50% deposit on orders with the balance due upon delivery. Equipment and facility are in good condition. Owner wants to retire.

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Property Features and Assets:

The business is in a leased metal building with a showroom designed specifically for flooring products. The facility is a freestanding building on highway frontage with excellent visibility, easy access and consists of approximately 5,000 square feet on approximately 2.6 acres. The showroom occupies about 70% of the space with offices and warehouse accounting for about 30%. There is ample customer and employee parking and management estimates the facility is operating at approximately 50% of capacity. The business is operated Monday - Friday from 8:00 to 5:00 and Saturdays 10:00 to 2:00.

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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