1. Home
  2. Businesses for Sale
  3. Kentucky
  4. Retailing Businesses

Business for Sale Summary

Turn Key Floor Covering Business-Fayette County,KY - 30172

Business Type: retailing businesses,home furniture/ furnishings,service businesses,cleaning services,misc. servicel/non-classifiable,other business services,professional services,repair services,internet businesses,business services (b2b),consumer services (b2c),general internet
Turn Key Floor Covering Business-Fayette County,KY
Get Instant Access to the Business Financial Information

Take Action

This Listing Has Not Been Added to Your Portfolio Add this listing to your portfolio to view confidential financial info
View Financials Free Get the Address Click Here
*Some information is only available to registered members. Please login or register to view confidential information.
This business has received 17 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $165,000 Down Payment $100,000
Gross Revenues $479,013 Lease Remaining Register Free to View
Owner’s Cash Flow $12,879 Number of FT Employees Register Free to View

Financing

$100,000 Down and $65,000 at 6% for 36 months- negotiable

Business Description

The owner of this business is very anxious to sell and will look listen to any offer (negotiate). This well run, turn-key floor covering business is only lacking one thing right now, an owner who can get out and bring in new business. The best part is you don't need prior experience (no experience needed) to own/run the business, the training is fantastic. The owner brings in and sells the jobs and will use contractors to complete the job. The current owner is getting ready to retire and sell to someone who is younger and more energetic. When the business grosses over $500,000, the net number substantially jumps up. It is very easy to net $100,000, and the best part is the business will have no employees or the next owner can hire a project manager to oversee the projects so the owner will have more time to go bring in more business. The business at this point is very close to netting a very nice profit. The net number is low right now because they lost a key account recently, but the current owner is working on bringing in new business. The system is fantastic, it just needs a younger energetic person to run it. The hours are mainly Monday through Friday, very few evenings or weekends for the owner. The business already has an established customer base, suppliers, sub contractors, vehicle, showroom and equipment. The next owner will come in, get excellent training, and be shown how to bring in new business and do estimates. Current business comes from word of mouth, referrals, the internet and of course what the owner brings in. Everything is built-in for the next owner to make a six-figure income. There is so much more to this fantastic opportunity so please call the broker with any questions about the product line, etc. The current owner is willing to show financials and negotiate the price and down payment once they meet with the right buyer and stay on for as long as it takes to ease the transition and make sure the next owner has the proper training. Don't let this opportunity pass you by. Please contact the broker for more details 1-877-735-5224.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. kg

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.