Amazing Cabinet & Flooring Business

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Profitable main street business with growth potential!
Asking Price:
$2,999,000

Gross Revenue:
$3,763,567
Cash Flow:
$943,861
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$300,000
included in asking price

FF&E:
$100,000
included in asking price

Real Estate:
$899,000
not included in asking price

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Business Description

Well-established & profitable Flooring & Cabinet Business. The business operates a retail facility and is specialized in cabinets and flooring for home improvement and custom homes projects - It is not dependent on builders. This makes the business more recession-resistant and provides better cash flow. For the past 5 years,The business is showing a 15% steady profitability growth each year.

About the Business

Location:
Florida
Year Established:
2002
Number of Employees:
5 FT/10 PT
Real Estate:
Owned
Facilities:
The business occupies over 15,000 sq ft building on several acres of land. The property is very well-located on a busy thoroughfare.
Seller desires to sell property with the Business. Rent is equivalent of mortgage for presentation purpose.
Market Outlook/
Competition:
The business has healthy competition and demand is high as demonstrated by the impressive business growth. Some of the main players may be specialized in flooring or cabinet, or may offer other services or address the market under a different approach. Large home improvement stores and franchises are considered a different market and have a hard time competing on price and/or service.
Growth & Expansion:
As the area is expanding at a fast pace, so is the market related to housing products. The industry is far from saturated in the market area and there is room to continue growing. With quality products, great services and good management, the Business should continue expanding and is far from having reached its full potential.
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About the Sale

Reason For Selling:
Moving out of the area.
Training/Support:
Will train for 4 weeks @ $0 cost.
The business sells & installs all types of flooring, as well as a wide variety of quality kitchen & bath cabinets & countertops.
Seller Financing:
Lender pre-screened with $499k down.

Listing Info

ID:
1670407
Ad Detail Views:
170

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Business Listed by

Celine Dufresne

Murphy Business Sarasota/Lakeland/Brooksville
License# BK680823

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