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CUSTOM FLOORING SALES AND INSTALLATION
AUGUSGA001-N1033
Description
This established flooring business specializes in a variety of flooring installation and repair services. Since inception in 2004 the company has undergone two major expansions and gross sales have grown dramatically. They have established a great reputation with loyal designers, architects, and contractors over several years. There is an installation contract in place with a national flooring supplier which has been a great source of revenues and the owner says this relationship will continue in the future. The business has an extensive customer list with many repeat customers and referrals in both the residential and commercial areas. Their certified installers are long-term employees, giving them a competitive advantage in the flooring market and making this a very nice turn key business for someone looking to get into the flooring industry. They specialize in wood, carpet, and tile flooring and shower walls. The business is well organized and all records are computerized. The owner is ready to move on after years of ownership and operation, but will stay available for the transition and possibly longer if needed. Call Mona Pinnington at 706-627-5487 for details.
Financials
| Asking Price: | $2,000,000 |
|---|---|
| Revenue: | $1,200,000 |
| Cash Flow: | $470,000 |
| Downpayment: | $0 |
| Monthly Payroll: | $24,000 |
| FF&E Asking Price: | $40,000 (Included in Asking Price) |
| Inventory Asking Price: | $10,000 (Included in Asking Price) |
| Financing Available? | No |
Property
| Type: | Leased |
|---|---|
| Building Size: | N/A |
Other
| Franchise? | No |
|---|---|
| Homebased? | No |
| Relocatable? | Yes |
| Year Established: | 2004 |
| Year Acquired: | 2004 |
| Full-Time Employees: | 12 |
| Part-Time Employees: | 3 |
| Reason For Sale: | Owner is ready to move on after years of ownership and operation. |