MergerPlace

Retail Carpet and Flooring Store

Wyoming


  • Asking Price: $930,000
  • Gross Income: $1,110,152
  • Cash Flow: $397,788
  • Real Estate: Not Disclosed
  • Inventory: $15,000
  • FF&E: $35,517
  • Listing ID: #213752
  • Established: 1997
  • Employees:

Business Description

This business has been providing exceptional customer service and product knowledge since 1997. They carry carpet, hardwood, engineered wood, laminate, cork, bamboo, vinyl plank, area rugs, and more. Customers will find a wide selection of flooring options, from fine New Zealand wools to sturdy rental-grade flooring at great prices. Locally owned and operated.


Business Details

Primary Business Category: Services - Other Services
Location: Wyoming

Company Information

Year Established: 1997
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees:

Financial Information

Asking Price: $930,000
Gross Revenue: $1,110,152
Cash Flow: $397,788
FF&E: $35,517
Inventory: $15,000
Seller Financing Available: No

Property Information

Facilities:

Great location and store front with ample parking. The shop is approximately 3000 square feet; 2/3 dedicated showroom and 1/3 warehouse. Long time tenant of this space and maintains a great relationship with the landlord.

Growth & expansion opportunities:

Currently focus is on carpets and laminate flooring. Could grow if wish to consider tile. Additional option is to expand and do installs in house vs. contract out.

Competition:

Very little direct competition exists. Business has earned a great reputation with individual customers, general contractors and all the sub contractors in the area.

Reason for selling:

Ready to retire.

Support & Training:

Will train for 2 weeks @ no cost Has been run by the owner/operator without any additional staff. All installations are sub-contracted out. Great people skills, math skills and willingness to learn the products needed. While there is room to hire additional staff, current owner is able to do it all.

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Business Listed By:

Heather Ewing

Murphy Business Brokers