70+ yr old Flooring Store with Consistent Earnings - Net 502K
Florida
| Asking Price: | $1,800,000 |
| Gross Revenue: | $2,485,096 |
| FF&E: | $40,000 |
| Cash Flow: | $502,543 |
| Inventory: | $10,000 |
| Established Year: | 1953 |
Listing ID: 2277032Listing provided by BizBuySell
BUSINESS DESCRIPTION
Exciting Business, Consistent Earnings, $500K & Live in Central Florida
Rare opportunity to acquire a 70+ year old company with an excellent reputation, on-line presence and beautiful showroom,
Located in one of the bedroom communities of central Florida's Orlando's booming economy but close to Florida's beautiful coastline.
ATTACHED DOCUMENTS
DETAILED INFORMATION
Location
Florida
Inventory
Included in asking price
Real Estate
Leased
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business is located in a beautiful new showroom. This 6,000 square foot facility has a warehouse, conference room, showrooms, offices and areas to grow. It's located on a main highway which gives it high exposure,
Competition
This company has a niche place in the Central Florida market - serving both residential and commercial.
They have a website in place which brings the clients to the store or makes appointments for the salesmen to meet them in their homes, They have an "Ad & Marketing Campaign" that brings in new clients on a consistent basis as well as referrals from happy clients,
Growth & Expansion
Adding sales force would bring in more commercial accounts which gives you steady revenue. Increasing on-line ads can also bring in more clients.
As the area grows, new business will come into the store.
Financing
The company has been pre-qualified for an SBA Small Business Acquisition Loan with $2
Support & Training
There is a training and transition period which last over 3 months in order to give the new owner a comfort level.
There is a well-trained staff to help with the transition as well.
Report an Issue with this listing
