MergerPlace

Flooring Co in Metroplex Market of Texas

Frisco/Plano/Mckinney, Texas (Collin)


  • Asking Price: $2,250,000
  • Gross Income: $1,967,428
  • Cash Flow: $508,414
  • Real Estate: Not Disclosed
  • Inventory: $5,000
  • FF&E: $15,000
  • Listing ID: #203285
  • Established: 2014
  • Employees: 2 FT - 25 PT

Business Description

Texas retail flooring company that offers full turnkey services for their residential and commercial customers. This locally owned and operated company has growth potential in both residential and commercial markets. The surrounding area has above average population gains and among the strongest housing market in the country. The showroom is in a prime location with access and visibility from a major freeway.


Business Details

Primary Business Category: Retail Trade - Furniture & Home Furnishings
Location: Texas
Metropolitan Area: Frisco/Plano/Mckinney
County: Collin

Company Information

Year Established: 2014
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2 FT - 25 PT

Financial Information

Asking Price: $2,250,000
Gross Revenue: $1,967,428
Cash Flow: $508,414
FF&E: $15,000
Inventory: $5,000
Seller Financing Available: No

Property Information

Facilities:

1,400 square foot showroom has visibility and easy access from freeway frontage road. Leased space with agreement in place to continue at least 11 years.

Growth & expansion opportunities:

35% 2015 to 2016; 24% 2016 to 2017

Competition:

High growth area. Opportunities exist in both residential and commercial markets. Fast growing high end market. Remodel market is strong; average home is $500k plus. Not a price sensitive market.

Reason for selling:

Other business opportunities

Support & Training:

Owner will provide up to 30 days of training to insure a smooth transition.

Contact Business Seller

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Business Listed By:

Bart Bevoni

Capital Business Solutions