This established and respected franchised flooring products retailer and installer sells carpet (~75% of sales), hardwoods and laminates (~10% of sales), vinyl (~5% of sales) and area rugs (~10% of sales) at strong margins of 30% to 40% in the Raleigh/Cary area.
The franchise fee is $45,000. The franchisor requires a first year marketing expendature of $40,000 and sample purchases of ~$5,000. The value of inventory currently is ~$12,000. The computer, proprietary software and electronics are ~$2500.
Great opportunity to acquire an existing business, goodwill, client base with established location and marketing at near replacement cost.