Description
This is a long-established flooring distribution business that specializes in hardwood flooring. This business also carries flooring accessories, paints/stains, and the equipment & tools needed to install/redo hardwood flooring surfaces.
The business has strong connections with flooring suppliers like Hallmark, Coretec flooring, and many others. The showroom is neatly organized and has many demo products so the customers can see/feel the product before purchasing. They do not install the flooring, but they offer delivery to their customers.
The business has a large number of loyal commercial/contractors who always use them for their jobs. The business has a POS system that keeps track of 10 years’ worth of customers. The store is located on a busy road in Oakland County with great curb appeal to attract new customers driving by. The building is around 2,800 SQFT. It has a good-sized showroom set up along with a storage/warehouse area.
This is a turn-key flooring distribution business that comes with all the needed tools/equipment and a newer delivery box truck. A new owner can truly grow the business by offering insulation to the current and new customers shopping at this store along with offering carpet and other flooring materials. A new owner can also do creative marketing to attract new customers by using social media and other platforms. The seller is ready to retire and is reviewing all offers.
Get More InfoBusiness Overview
| Revenue | $448,058 |
| Cash Flow | $35,512 |
| Inventory | $20,000 +/- |
| Year Established | 2013 |
| Seller Financing | No |
| Employees | 2FT 0PT |
| Asking Price | $125,000 |
Key Statistics
- Hours of Operation: Mon - Fri 8am-5pm
- Employees: 2 Full Time 0 Part Time
- Year Established: 2013
- Year Acquired: 2013
- Liscence Required: Sales Tax
- Seats: N/A
- Parking: Ample
Financial Information
- Gross Sales: $448,058
- Source: Seller Provided Financials
- Cash Flow: $35,512
- Source: Seller Provided Financials
- Inventory Value: $20
Seller Financing
Location
- Monthly Rent: $2,250
- Lease Terms: Month-to-Month
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Disclaimer
This information has been supplied to Broker, Capital Commercial Group, Inc. by seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. Thus, Broker does not guarantee this information to be accurate. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser`s councel.