MergerPlace

Flooring Business Since 1976 for Sale

Florida (Broward)


  • Asking Price: $340,000
  • Gross Income: $1,240,285
  • Cash Flow: $115,874
  • Real Estate: Not Disclosed
  • Inventory: $25,000
  • FF&E: $24,783
  • Listing ID: #220895
  • Established: 1976
  • Employees: 2 FT / 1 PT

Business Description

Full-service flooring business established in 1976, located in South Broward. Owned by current owners since 1996. 6,150 sq ft of beautiful showroom with excellent location with view from I-95. They sell the best brands of carpets, hardwood, tile/stone, laminate and vinyl. 35% of sales are commercial and 65% residential, with many repeat and loyal customers. Two W2’s employees, one commissioned salesman and the installation is done through sub-contractors. They have lots of samples but manage to work with very low inventory. The business has been profitable for many years and is ready for a new ownership. Owners looking to retire, available for a smooth transition.


Business Details

Primary Business Category: Construction - Building, Developing
Location: Florida
County: Broward

Company Information

Year Established: 1976
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2 FT / 1 PT

Financial Information

Asking Price: $340,000
Gross Revenue: $1,240,285
Cash Flow: $115,874
FF&E: $24,783
Inventory: $25,000
Seller Financing Available: Yes

Property Information

Facilities:

Two locations: 1) showroom with 6,141 sq ft, great location with view from I-95 (major highway) and 2) a Warehouse close to the showroom with 2,566 sq ft.

Growth & expansion opportunities:

This business needs a new owner with energy who can use a great established platform to take the business to the next level.

Competition:

There are other businesses in the industry selling similar products. However this business was established in 1976, it is very well known, they offer excellent costumer service and they offer expert advice.

Reason for selling:

Owners want to retire.

Support & Training:

Will train for 3 weeks @ no cost General management, sales skills and industry knowledge. No specific license for this type of business.

Contact Business Seller

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Business Listed By:

Andy Fischer

Murphy Business Brokers