Summary
- Asking price:
-
$309,000
(Furniture / Fixtures and Inventory / Stock included)
- Sales revenue:
- $423,000
- Cash flow:
- $102,600
- Years established:
- 2002
- Employees:
- 4
Business description
Phenomenal opportunity to acquire strong cash flow floor covering/kitchen/Bath store that also has strong commercial accounts! Business has built a solid reputation and carryies lines that are unique and superior to Home Depot and Loews lines.From inexpensive Chinese hardwood or laminates to USA made and European products as well. Business has many profit centers: German/USA carpet,USA/English/Italian Tile/Cork floor coverings competitive to H. Depot/Loews but superior. Kitchen cabinetry/Toto toilets too. Cultured Stone distributorship(100K value alone!) Full kitchen design program(10K) all included. Window treatments. Customers can buy items at retail and self install or hire company to do it for them.Workers are subcontarctors that full time work for company. Clear 100K per year and own the property!
Property information
- Location:
- Attractive, remodeled 2000 Square foot- free standing retail/service building located on major thoroughfare in the Poconos.Includes 1/2 acre property zoned commercial, with small garage and portions such as second floor are leaseable for small residence as well.Full parking lot and out building. Business is 70 miles North of Philadelphia,70 miles west of NYC.
- Premises details:
- Completely remodeled 2 story house converted into attractive retail showroom and office.Recently upgraded electric,painting,baths etc.Gorgeous and underpriced relative to stable Pocono region commercail properties!
Other information
- Expansion potential:
- Huge.Pocono region has NY,NJ,CT vacation home owners who remodel and neither have the time or expertise to do so.Additionally county has tripled in size with NY,NJ and CT residents also moving here permanently therefore interested in remodeling and upgrades.Studies show home upgrades remain robust when new home sales decline as homeowners upgrade existing homes instead of buying upgraded homes.
- Competition / Market:
- In the industry of floor coverings,tile,kitchen and bathroom remodeling there are the big box tsores-Loews and Home Depot as well as smaller playes.In spite of those, Business has grown over the years by providing unique tile,carpet,kitchen,bathroom fixtures that big box stores do not sell and smaller competitors were not dealers for. service and speed enable seller to prosper.
- Support & training:
- 80 Hours training at no charge to buyer.
- Reasons for selling:
- Health issues force relocation..
- Financing available:
- Bank/Cash small seller financing-Make Offer!
- Furniture / Fixtures value:
- $118,000 (included in the asking price)
- Inventory / Stock value:
- $1,000 (included in the asking price)
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.