Retail Flooring Store
Location Ontario,Canada
Asking Price Range $250K - $500K
Gross Revenues $900000
Net Profit / Cash Flow $180000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1968
Number of Employees 4 - 5
Inventory 75000
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Reason for Sale Retiring.
Description This established business has an excellent reputation in providing services to custom builders in an area that is experiencing growth in new home construction, existing home owners who are renovating and upgrading their homes, and commercial establishments. The owners have successfully operated this business for 40 years. Most of the business comes from repeat customers and referrals.
Seventy-five percent (75%) of revenue is generated from the sale of flooring to residential customers and new home builders and twenty-five percent (25%) to commercial customers. Carpet, vinyl and hardwood flooring are the products in most demand.
Installation of the flooring is sub-contracted out. The main installer has worked exclusively for the owners since 1992. He installs carpet, vinyl, hardwood, vinyl composition tile, and Dura-Ceramic flooring for commercial and residential customers. The installation of ceramic tile and hardwood flooring is sub-contracted out to other installers. The business has experienced strong sales and profits for the last several years and continues to forecast strong demand in the future. The business includes an adequate inventory of all types of flooring as well as delivery/service trucks, tow motor, cutting machine, racking etc. The owners would be willing to lease the current building to a new owner for an extended period of time for a favourable lease rate. Please email or call Rob Mitchell at my confidential mobile at 519 820 9043 for more information on this Flooring Store for sale.
Click Here To Contact Seller
For more opportunities like this go to:
|
|
NEWSLETTER
|
|
Sign up for Free Industry-Related News on Business and Franchise Opportunities
|
|
