Established Carpet, Flooring, and Installation

Anne Arundel County, MD

Seller Financing Available

floor installation via Pixabay
Asking Price:$669,600
Gross Revenue:$1,135,344
Rent:$6,425/Month
Established Year:1998
Cash Flow:$227,999
Inventory:$40,000
FF&E:$82,600
BUSINESS DESCRIPTION

This established carpet, flooring, and installation business has been in business for 25 years. Located in an established and growing community, sales exceed $1.6 million a year.
The business features a great customer list with a mix of commercial and residential customers. Product choices are unlimited, including a wide range of laminates, tile, luxury vinyl, and carpet.
Experienced staff and great customer and vendor relationships. Training for 60 days is included in the price of the business. Stock Sale Preferred.


DETAILED INFORMATION
Location
Anne Arundel County, MD
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,530
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Lease is for 5 years with 2, 5-year options. 1,530 square foot showroom and 2,000 square foot warehouse, directly behind the showroom. Rent is $6,425 per month; utilities are approximately $450 a month.
Financing
Seller to consider owner financing and terms with a minimum of 70% down payment.
Support & Training
Training for 60 days is included in the price of the business.
Reason for Selling
Retiring
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Will
Ferguson
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Will Ferguson