Business for Sale Summary
Successful Mobile Retail flooring Co - 31307
Business Type: service businesses
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Financial Information (non-confidential)
General Information | |||
---|---|---|---|
Asking Price | $369,000 | Down Payment | $269,000 |
Gross Revenues | $710,000 | Lease Remaining | Register Free to View |
Owner’s Cash Flow | $151,718 | Number of FT Employees | Register Free to View |
Financing
$269,000 Down and 100,000 down over 36 months at 6 %
Business Description
Owner is offering 100k in owner Financing. This mobile flooring retailer is a part of the fastest growing in-home flooring franchise in the United States. The Charleston franchise was established by the current owners in 2014, and has grown steadily ever since. Specializing in turn-key residential and light commercial flooring replacement, the company sells and installs carpet, hardwood, tile, luxury vinyl plank, laminate and eco-friendly options like bamboo and cork. All products are sourced from the most respected manufacturers in the industry including Shaw, Armstrong, US Floors, Emser Tile, Godfrey Hirst, and Design Materials. They have professional, high-quality subcontracted installers in-place that do an excellent job, making sure this business stays at the top of the ratings lists! The local (Charleston) franchise has been awarded Angies List Super Service Award, Home Advisors Elite Service Award, and Houzz.coms Best of Houzz service award, among others. With a 5 Star Google rating, this business is projected to reach over $700,000.00 in sales this year, and could easily double or triple in size in the next few years. The franchisor (corporate) will provide extensive up-front training to the new owner, as well as excellent on-going training and support going forward. The hard work of start- up has been done by the current owners who had no previous industry experience. The business is easily scalable and is ready for a new owner to come in and take it to the next level. If youre looking for a business with low risk and huge upside potential, then this is the business for you!
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.
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