Extremely Profitable Commercial Carpet /Flooring Business

Miami, FL
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Asking Price:$575,000
Gross Revenue:$972,838
FF&E:$45,000
Cash Flow:$185,000
Inventory:$40,000
Established Year:1987
BUSINESS DESCRIPTION

Long Established/Profitable Commercial/Retail Carpet/Flooring Business

Reason for Sale: Retirement-Extremely Profitable Carpet/Tile store-Wholesale to the trade. Established since 1987 specializing in a full line of commercial carpets in South Florida, Seller has provided and installed carpet and floors in hundreds of condominium hallways, churches, restaurants, schools, offices, hotels, USA Airforce, clinics, hospitals, gyms, yachts designers, contractors, architects, realtors, and others.The company has experienced and professional installation crew to tackle any difficult installation with the dedication to make it work with beautiful results.The business has been serving for 35 years: Miami, Fort Lauderdale, Sunny Isles, Aventura, Miami Beach, Brickell Area, Coral Gables, Hollywood, Hallandale, Dania Beach, Davie, Weston, Pembroke Pines, Sunrise and others. Owner Benefit $185k for a working owner. Great books & Records. Great Retail hours/No Employees/Seller will train. Lender Prequalified with 10% down.


DETAILED INFORMATION
Location
Miami, FL
Inventory
Included in asking price
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Retail Store on a East /West Artery- -Rent $4213 (Store) -Storage/Warehouse $ $1650- Lease exp in 2026 +One - 3yr option - Retail Store 3000 sq ft -Warehouse 1665 sq ft
Competition
Minimal competition in the area
Growth & Expansion
Focus on growing retail-longer hours-Hire more salespeople.
Financing
10% Down SBA Financing over 120 months
Support & Training
One Month
Reason for Selling
Retirement
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Russell
Cohen
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Russell Cohen