Floor Covering Retail & Installation in Gorgeous PA! (37970)

Seller Financing Available

Situated in South-Central Pennsylvania, this retailer provides floor and window sales & installation services for residential and commercial clientele. The diverse flooring selection includes hardwood, laminate, luxury vinyl, tile, carpet, and waterproof flooring with popular brands such as Mohawk, Chesapeake, US Floors, and Armstrong. Along with a crew of subcontractors for installation services, the team includes four employees with management in place to allow an excellent work-life balance for ownership. With vineyards, hiking trails, golf courses and lakes, there are plenty of things to do in the area which is why the local area is experiencing major growth. With many new housing developments in the area, the company will be flourishing with business for new construction. The ownership is approaching retirement and would like to sell so that a more ambitious owner can take the business to the next level after a standard transitioning period. Preferably sold alongside the company at $1,500,000, the 7,000 sq. ft. facility features an attractive showroom, warehouse, administrative space and is surrounded by an ample parking lot. As it is situated on a highway running through town, it has excellent visibility and a high traffic count as well. The company has a strong presence in the area through their website, community involvement, radio ads and stellar reputation for quality products and services. Sales and profit margins are stable with $1,227,000 in Revenues and Discretionary Earnings of $75,000. The 2023 projections are at $1.3M with improved profit margins over $100,000. This is a great opportunity for an existing business to expand their service radius as the company has a monopoly over the local market. Stability, streamlining and organized financials make this an exceptional business opportunity, call IAG today!