Well-Established Flooring Business

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Flooring Businesses for Sale

This is a long-standing, profitable, retail floor covering store that serves not just the local town it resides in but has a history of working with local builders to furnish their flooring needs. The business was started in 1968 and has grown to offer multiple flooring options with average sales revenue of approximately ($1,139,000) one million, one hundred and thirty-nine thousand dollars a year and an average annual net income of approximately ($185,000) one hundred eighty-five thousand dollars. The business is in a commercial location along a well-traveled highway. This business offers all types of flooring needs associated with building or remodeling. In addition, it also has employees who specialize in working with clients to design, plan, and execute all the steps needed in choosing flooring. The facility includes two buildings that contain a showroom housing all the flooring styles reflecting current trends, as well as a fully stocked warehouse. The owners are willing to support the buyer in transition and are open to discussing ongoing support. Real estate and FF&E are included in the price.

Financial Information

  • $1,400,000 Asking Price
  • $185,000 Cash Flow
  • N/A Gross Revenue

Business Location

  • City: Confidential
  • State: Illinois

Detailed information

  • Year Established: 1968
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Fulltime Employees: 6
  • Part time Employees: N/A
  • Contractors: N/A
  • Owner Worked Hours/w: N/A
  • Inventory Included: Yes
  • Inventory Value: $250,000
  • Real Estate Available: Yes
  • Real Estate Included: Yes
  • Real Estate Value: $525,000
  • FF&E Included?: Yes
  • FF&E Value: $160,500

Market Outlook/Competition

  • There is a small amount of competition in the area.

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Business Listed by Sunbelt of Edwardsville
Contact
Kristen Schindler
Listing ID
EDWRDVL001-47607
Office Phone 618-806-5956