Financing: $250,000.00 Down and $150,000, 6%, 48 months
Reason for Selling:Other business interests
THE ULTIMATE IN CARPET AND BLINDS STORE IS NOW FOR SALE.
This business has been established for generations and created a solid foundation of loyal customers that generates annual sales close to $1,000,000.00 with no advertising.
Thats right!! Its success guaranteed with just word of mouth advertising on the quality of product and service at a fair price.
The store is located on a main arterial road with great visibility to traffic. The store front is attractive and enticing for customers and all passerbys.
Their carpet and rug business is solid, but they have seen insane growth with their sales of a highly regarded line of blinds.
They literally have thousands of names and addresses of prior clients that return to their store for repeat business.
One customer said, Over the years I have taken several, expensive area rugs, that I thought for sure I would be told to just take them to the dumpster around the back, and save myself money and aggravation, then talked into purchasing a new one ...quite the opposite, the people here made my rugs look and smell brand new, as if I did just buy it off the rack.
The price has always been fair, despite the size. I will continue to always go here, and will constantly recommend this establishment to my own personal friends and family and customers, being a painter and coming across a lot of nice people.
They are full service and not only do carpet and blinds but also hardwood, vinyl and plank flooring, window treatments, custom stair runners and area rugs.
The business offers financing to their customers for those large purchases; in-home measurements when the customers are just not sure of accuracy and wants to eliminate waste; scheduled installations to be inspected and completed within 7 to 10 days; interior design consultation to create a space that expresses customers tastes and lifestyle; and shop from home allows convenience because they bring the samples to the customer.
This business has a phenomenal rate of 35% net income to revenue! Plus the INVENTORY IS INCLUDED in the sales price!!
The business has a very attractive lease with 5.5 years remaining with an option to renew for another 10 years.
You also have the first right of refusal to purchase the building through the owner. Their business is so strong that they have unlimited credit with their vendors and they have zero debt.
They use outside vendors to lay the carpet so an owner that does his own work CAN SAVE an additional 75K in expenses. Very attractive showroom, with warehouse in the back for remnants, supplies and a Yale forklift, and van, both included in sale.
You could easily expand this business by adding an interior design element and start an advertising/marketing campaign.
The only reason for selling the business is that the family has grown into other businesses that are now taking an ever-increasing amount of time.
The sellers are motivated, and all offers will be accepted for review.
They are doing this for the buyer because they believe in the success of this business for many years to come.
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.