Local Flooring Business 31936

Contact Seller
Great potential
Asking Price:
$259,000

Gross Revenue:
$828,000
Cash Flow:
$124,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$70,000
not included in asking price

FF&E:
$40,000
included in asking price

Real Estate:
 Not Disclosed

Share this business:

Business Description

Established floor covering store with retail location and excellent reputation. Recent 2018 super service award from Angies List. Strong referral and repeat business. The business has seen tremendous growth. From 2016-2018 sales were up 108.2%! Primary areas of focus are hardwood, vinyl planks, laminate, and stair refacing systems. Carpet and tile are also offered. One of the areas only retailers that also offer sanding and refinishing of existing hardwood floors. They offer commercial and residential services. Included in the sale is a beautifully wrapped, one of a kind, mobile showroom with over 2,000 samples onboard, a cargo delivery van, forklift with carpet pole. All labor is contracted out with highly skilled mechanics. Beautiful, recently renovated showroom with attached warehouse. Brand new garage door opener just installed on 12? overhead door. On top of existing showroom is a loft that could double showroom size or simply be used as storage. The showroom is located in an urban enterprise zone which allows them to collect a 50% reduced tax rate on materials. This feature is very attractive to consumers. Financing is also offered to qualified buyers. The current owner is willing to and prefers to stay on part time after the sale.

About the Business

Location:
Atlantic County, New Jersey
Year Established:
2004
Number of Employees:
5
Contact the Seller

About the Sale

Training/Support:
Yes

Listing Info

ID:
1626452
Ad Detail Views:
0

Contact the Seller
Please confirm you're not a robot
Contact the Seller
Business Listed by

Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

 Show Phone Number

View My 2359 Active Listings
U.S. Census Data for Atlantic County, NJ
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Atlantic County, NJ
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


Similar Listings


Report an Issue 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. See our full Terms & Conditions.