Flooring Business with long standing track record

Saint Augustine, FL

Seller Financing Available

Flooring Business
Asking Price:$1,449,000
Gross Revenue:$1,783,140
Real Estate:$1,150,000
Cash Flow:$163,000
FF&E:$22,000
Established Year:1981
BUSINESS DESCRIPTION

This 43-year-old flooring company offers sales and installation of carpet, tile, vinyl, luxury vinyl, laminate, and hardwood flooring. Authorized dealer of a high-end flooring trade name that is nationally known, not a franchise. This business is among the area's most prestigious and established flooring stores. Primarily working with residential customers who genuinely desire the best possible quality and service.
Located on a busy route in one of Northeast Florida's fastest-growing districts, the company boasts a spacious and elegant showroom.
When it comes to dealer incentives or early buys, a 2400 square foot warehouse is very useful. Equipped with a huge bay door for convenient access, two forklifts, and storage racks.
Real Estate ($1,150,000)on main road included in price.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
There are two buildings included in this listing: Retail & Showroom of 4900 sqft and warehouse/storage building of 2400 sqft.
Competition
Business is located in NE Florida's hyper growing area.
Growth & Expansion
The construction industry is growing and so is the incoming new residents stream in Florida. Expansion of marketing activities to be in the forefront of decision makers could further increase sales.
Financing
60 m. with Balloon payment
Support & Training
4 weeks
Reason for Selling
Retirement
Report an Issue with this listing
profile-img
Beat
Stauble
logo-img
Beat Stauble