Floor Covering Sales and Distribution
Building and Const. Services - Other Services | Home and Office Furniture - Other Home and Office Furniture
| Asking Price: | $215,000 | Inventory: | |
| Gross Revenue: | $641,199 | Real 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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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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