This locally owned flooring company provides high-end flooring and installation services. Serving the Indianapolis Metro Area for over 30 years, superb customer service built their reputation. As a result, they have strong brand recognition. Their showroom displays a vast variety of high-end flooring including:
• Carpet
• Hardwood
• Luxury Vinyl Plank
• Ceramic, Porcelain, and Natural Stone Tiles
Besides providing flooring, they also offer free estimates, kitchen and bath remodeling, and design services. Customers can even get window treatments or floor refinishing services. By providing a variety of products, they meet customer’s needs, tastes, and budgets.
Their showroom has a prime location. Due to quick access to major roadways, they easily serve the Indianapolis metro area. Products are not the only items on display in the showroom. Their quality work is also on display. In fact, their workmanship gets them referrals as well as repeat clients. These clients come from wealthy neighborhoods in the surrounding area. A website and pay-per-click also attract new customers. Quality service, professional installation, and competitive prices keep them coming back.
They provide a personal touch by paying attention to detail and offering hands-on assistance. This something that big box stores just don’t offer. The company is turn-key and ready for new ownership. If you want to provide that personal touch and high-quality products, look no further! Contact us to find out how.
Investment Considerations:
• Established, Turn-Key Business
• Consistent Growth
• Strong Financials
• Offers High Quality Products
• Excellent Reputation
• Marketing Plan in Place
• Competitive Pricing
• Strong Repeat Client & Referral Base
Financial Information
$350,000
Asking Price
$268,145
Cash Flow
$1,563,680
Gross Revenue
On request
Down Payment
Business Location
City:
Indianapolis Metro Area
State:Indiana
Reason for Sale
The business partnership is dissolving.
Detailed information
Year Established:1989
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 2
Part-Time Employees:1
Contractors:N/A
Owner Worked Hours/w:N/A
Adjusted EBITDA:
N/A
Inventory Included: No
Inventory Value:
On request
Monthly Rent:
N/A
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value:
On request
FF&E Included?: Yes
FF&E Value: On request
Training/Support
The Seller is willing to train and transition the new owner for a mutually agreed upon time immediately following closing.
Facilities
The facility is approximately 7,140 SF of space including a showroom. The Seller owns the real estate. It will be sold for appraised value which is estimated between $900,000 and $1,000,000.
Market Outlook/Competition
The market for residential construction and remodeling is continuing to grow. While home buying has slowed somewhat, people will still purchase homes. The need for flooring, and the desire for quality products, will remain steady. There is minimal direct competition in the area.
Real Estate Description
The Seller owns the real estate which consists of a 7,140SF +/- facility on .25 AC. The real estate will be sold for appraisal value (between $900,000 and $1,000,000).
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