4.5M Sales Flooring Business Est. 30 Yrs
| Asking Price: | $2,675,000 |
| Gross Revenue: | $4,500,000 |
| FF&E: | $20,000 |
| Established Year: | 1990 |
| Cash Flow: | $800,000 |
| Inventory: | $80,000 |
| Real Estate: | $1,520,000 |
Excellent Cash Flow and Long Business History
Flooring distribution business established for 30 years in Indianapolis, IN. The business sells various flooring products including hardwood, carpet, luxury vinyl plank, and tile. There has been steady, profitable growth in the business as sales have reached $4.5M.
All sales and marketing efforts are handled by the Owners and growth has come through reputation and word of mouth. The Owners have never advertised to grow the business. They simply pick up the phone when it rings. Continuing excellent service for customers accompanied with additional marketing and sales efforts allow for a buyer to continue to increase sales and resulting cash flow.
Real estate is available for purchase at an additional price and is valued at $1,520,000. FFE and inventory has total value of approximately $100,000 and is included in asking price.
Owners are looking to retire and spend more time with family. They are open to transition with a buyer and offer long term support in sales for the business. Great opportunity to increase marketing efforts and sales for greater cash flow. This is a very strong business and a fantastic opportunity for expansion.
Business and real estate is approved for SBA loan.
Reply to Mike@Hedge-financial.com if interested.
