Floor Covering Sales and Distribution
Asking Price:   $215,000Inventory:   
Gross Revenue:   $641,199Real Estate:   n/a
Cash Flow:   $121,523 (comments below)FF&E:   $30,000 ++
++ included in the asking price         ** not included in the asking price
Cash Flow Comments: Based on SDE
This flooring specialist company has weathered the housing crash and is coming out healthier. Currently, more than 50% of the company’s revenues are from contracts with homeowner’s insurance companies for homeowners who have filed a claim for flooring replacement because of smoke, flood or other home damage. In addition, walk-in traffic and remodels make up the bulk of the sales. This business is not dependent on the new construction industry. Only 10% of ‘08 revenues came from new construction. The business receives preferential pricing based on a national cooperative agreement signed with other independent flooring retailers. This structure provides ready-made optional marketing and business promotion events. All showroom displays and samples are included with the purchase of the business — no immediate further investment is needed. Sellers are industry veterans and will train you how to bid, price and market to customers. This is a combination business-to-business and business-to-consumer company, and therefore can be expanded in a number of directions.
About the Business
Year Established:1989
Employees:3 full time -

KEYWORDS: Flooring, business to business, business to consumer


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Business Listed By
James J. Johnston  |  Business Acquisitions, Ltd.
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