Carpet and Flooring Business For Sale

Business description

A highly profitable flooring business with a great reputation for quality work is offered for sale. This business handles all kinds of flooring products including: carpeting, hardwoods, laminates, vinyl and tile. After 22 good years, the owner wants to retire. Five year lease for only $3,000 per month provides great looking 3600 s.f. showroom, and 2200 s.f. warehouse. Business is located on a high traffic thoroughfare with plenty of convenient parking. 60% of business is residential and 40% commercial. Current inventory valued @ $100,000. New owner could benefit from over 20 years of yellow page advertising and a highly visible lettered delivery/service van. The Seller is willing to help finance and train the right buyer. There is a great team of professional installers in place! The property is also available for sale.

Property information

Real Estate:

Lease

Lease terms:

$3,000 per month for 6500 square feet.

Other information

Support & training:

Seller will provide a training and transition period.

Reasons for selling:

Retirement

Financing available:

Seller will consider financing for a qualified buyer.

Furniture / Fixtures value:

$40,000 (included in the asking price)

Inventory / Stock value:

$100,000 (included in the asking price)