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Established Floor Covering Retailer
| Asking Price: | Not Disclosed | Inventory: | |
| Gross Revenue: | $4,700,000 | Real Estate: | n/a |
| Cash Flow: | $365,000 | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
Our Client is a floor covering showplace/retailer in a growing population area offering the highest quality styles and brand names in the industry with such respected names as Alexander Smith, American Showcase, and Premier Stainmaster®. With over twelve years of business excellence, management believes that the Company’s competitive edge lies in its broad range of product and service offerings, and its extensive industry experience. The Company has gained a reputation for its excellent working relationships within its communities, favorable brand recognition, proximity within key markets with high population growth rates, unblemished installation service record, and superior client relationships. The company is an S-Corporation with two leased showrooms/warehouses in a large metropolitan area consisting of 29,500 combined square feet, and one client owned showroom/warehouse of 16,000 square feet. All three showrooms have prime frontage access for area residents driving by on a daily basis and are expected to provide ample capacity to accommodate future growth. The Company’s staff consists of 11 full-time personnel at its largest store, 4 full-time employees at its suburban location, and 2 full-time employees at its third store, in addition to the 2 shareholders.
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