MergerPlace

Long-established carpet/flooring shop

Rochester, New York (Monroe)


  • Asking Price: $120,000
  • Gross Income: $295,665
  • Cash Flow: $48,097
  • Real Estate: Not Disclosed
  • Inventory: $5,000
  • FF&E: $35,000
  • Listing ID: #200274
  • Established: 1989
  • Employees: 2 FT

Business Description

~ Prospects are offered additional selections at the showroom by appointment.
~ Most of the sales come from repeat customers and referrals from satisfied customers.
~ Competent installers continue to provide great service and quality work.
~ Database with over 4,500 customer names goes with the business
~ Selling and installing carpet, LVT, vinyl, laminate and hardwood flooring


Business Details

Primary Business Category: Retail Trade - Furniture & Home Furnishings
Location: New York
Metropolitan Area: Rochester
County: Monroe

Company Information

Year Established: 1989
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2 FT

Financial Information

Asking Price: $120,000
Gross Revenue: $295,665
Cash Flow: $48,097
FF&E: $35,000
Inventory: $5,000
Seller Financing Available: Yes

Property Information

Facilities:

1,600 sq. ft. building. Showroom with ample parking. Lease $600/month.

Growth & expansion opportunities:

~ Recommend significantly increasing the advertising budget (currently less than 2% of sales) ~ Suggest opening a high visibility location in the future

Competition:

While there are many other sources for carpet and flooring, with over thirty years in the business, most of this owner’s sales come from repeat and referral customers.

Reason for selling:

The seller is ready to retire.

Support & Training:

The seller is offering a minimum of eight weeks of training to assure a smooth transition.

Contact Business Seller

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Business Listed By:

Dave Bradia

Klassen Ingalls