Asking Price: $789,000
Cash Flow: $255,852
Gross Revenue: $1,854,599
EBITDA: N/A
FF&E: $110,000
Inventory: $98,000
Rent: $9,660 /Month
Established: 2003
Business Description
This very successful flooring company has been in business and is very well established for over 15 years. The ground work is done and now it’s time to grow! This amazing luxury showroom has wowed people for years and given them so many ideas for their projects. They offer complete service and installation for both commercial and residential. Full service flooring experts serving Southeast Florida with a broad range of products to design bathrooms including vanities, plumbing, bathroom fixtures, backsplashes and more! They have experience designers on staff to assist with color coordination and designs and they offer delivery. The ground work has been laid for a new owner to come in and take this to the next LEVEL!!!
Detailed Information
- Inventory:
- Included in asking price
- Real Estate:
- Leased
- Building SF:
- 5
- Lease Expiration:
- N/A
- Employees:
- 6
- Furniture, Fixtures, & Equipment (FF&E):
- Included in asking price
- Facilities:
- Owner has operated in the same great location for over 15 years. The approx. 7,000 square foot showroom is like no other. The owner spared no expense to build a showroom that brings the amazing quality of their work to life. This business has so much to offer and the location makes it easy for the customers to walk in and see all they offer.
- Competition:
- Owner has built a state of the art show room unlike any other making it easy for the public to come in and see so many options for their projects. They have been established at this very accessible location for over 15 years.
- Growth & Expansion:
- The owners have run this successful company while opening another business and now they want to focus on their other business. They have not taken advantage of all of the growth opportunities for this business since their focus was not on growing the business. It needs a new owner who is very passionate and wants to continue to serve the community and grow!
- Financing:
- Seller may consider some seller financing for a qualified buyer.
- Support & Training:
- Seller will train buyer to operate the business for successful transition.
- Reason for Selling:
- Pursuing other interests and wants to focus on another business he owns.
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